2021 CVE to GNF Historical Review

YEARLY HIGH

113.6665 GNF

YEARLY LOW

94.6083 GNF

YEARLY AVERAGE

105.2694 GNF

2021 CVE to GNF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the CVE to GNF exchange rate experienced significant fluctuation. The market reached its absolute peak on January 9, valuing the pair at 113.6665. Conversely, the yearly low was recorded on December 17, dropping to 94.6083.

This high-to-low spread represents a total annual volatility of 19.0581 GNF. From a start-to-finish perspective, comparing the January average rate of 112.1878 to the December average rate of 96.0572, the exchange rate registered a net change of -14.38% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 113.6665 was up 2.27% compared to the 2020 peak of 111.1450, 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 568,332 GNF

2020 Average 495,594 GNF

Yearly Trough Low 473,042 GNF

Transaction Impact: A difference of 95,290.61 GNF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

113.8008

94.4442

JanuMarcMayJulySeptNove

CVE to GNF 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 108.9895, compared to 101.5492 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 7.4403 points.

H1 Avg (Jan–Jun) 108.9895

H2 Avg (Jul–Dec) 101.5492

Volatility Range Comparison

Volatility

The most volatile month in 2021 was June, with a trading range of 6.0720 GNF (High: 108.5840 / Low: 102.5120). On the other end, October was the most stable month, with a tight range of 1.2513 GNF (High: 102.3573 / Low: 101.1060).

June Spread (Volatile) ±6.0720

October Spread (Stable) ±1.2513

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2021. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 3.4566 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -3.4566

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2021: 112.1878) against the same month in 2020 (average: 95.1732), the exchange rate shifted by +17.0146 (+17.88%).

2021 Avg (January) 112.1878

2020 Avg (January) 95.1732

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	113.6665	110.4561	112.1878
February	112.7196	109.5768	111.0873
March	110.3258	106.2995	108.1694
April	108.3911	106.1539	107.6117
May	108.9410	107.4291	108.1459
June	108.5840	102.5120	106.7349
July	105.5198	103.7656	104.6981
August	104.8951	103.3025	104.2741
September	105.1834	102.2883	104.1391
October	102.3573	101.1060	101.7918
November	100.6647	95.9560	98.3352
December	97.1220	94.6083	96.0572

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