YEARLY HIGH
0.5742 GMD
YEARLY LOW
0.5295 GMD
YEARLY AVERAGE
0.5506 GMD

2021 CVE to GMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the CVE to GMD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 4, valuing the pair at 0.5742. Conversely, the yearly low was recorded on November 25, dropping to 0.5295.

This high-to-low spread represents a total annual volatility of 0.0447 GMD. From a start-to-finish perspective, comparing the January average rate of 0.5679 to the December average rate of 0.5360, the exchange rate registered a net change of -5.62% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.5742 was down 0.12% compared to the 2020 peak of 0.5749, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 CVE based on timing:

Yearly Peak High 2,871 GMD
2020 Average 2,651 GMD
Yearly Trough Low 2,647 GMD
Transaction Impact: A difference of 223.73 GMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.5711
0.5328
JanuMarcMayJulySeptNove

CVE to GMD Seasonal Trends & Volatility Analysis

A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.

Seasonal Halves (H1 vs H2)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 0.5583, compared to 0.5429 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0154 points.

H1 Avg (Jan–Jun) 0.5583
H2 Avg (Jul–Dec) 0.5429

Volatility Range Comparison

Volatility

The most volatile month in 2021 was June, with a trading range of 0.0326 GMD (High: 0.5660 / Low: 0.5333). On the other end, July was the most stable month, with a tight range of 0.0062 GMD (High: 0.5490 / Low: 0.5427).

June Spread (Volatile) ±0.0326
July Spread (Stable) ±0.0062

Growth Streaks & Declines

Trends

Between March and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0105 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0105

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2021: 0.5679) against the same month in 2020 (average: 0.5136), the exchange rate shifted by +0.0544 (+10.59%).

2021 Avg (January) 0.5679
2020 Avg (January) 0.5136

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.5742 0.5628 0.5679
February 0.5639 0.5574 0.5616
March 0.5608 0.5430 0.5511
April 0.5602 0.5447 0.5521
May 0.5665 0.5545 0.5613
June 0.5660 0.5333 0.5560
July 0.5490 0.5427 0.5460
August 0.5491 0.5400 0.5454
September 0.5559 0.5395 0.5478
October 0.5491 0.5381 0.5434
November 0.5465 0.5295 0.5390
December 0.5410 0.5336 0.5360