YEARLY HIGH
0.0654 CVE
YEARLY LOW
0.0592 CVE
YEARLY AVERAGE
0.0616 CVE

2021 LBP to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the LBP to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on November 25, valuing the pair at 0.0654. Conversely, the yearly low was recorded on January 8, dropping to 0.0592.

This high-to-low spread represents a total annual volatility of 0.0062 CVE. From a start-to-finish perspective, comparing the January average rate of 0.0600 to the December average rate of 0.0645, the exchange rate registered a net change of 7.56% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.0654 was down 61.45% compared to the 2020 peak of 0.1696, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 327 CVE
2020 Average 323 CVE
Yearly Trough Low 296 CVE
Transaction Impact: A difference of 30.89 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.0650
0.0595
JanuMarcMayJulySeptNove

LBP to CVE 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 0.0605, compared to 0.0627 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0021 points.

H1 Avg (Jan–Jun) 0.0605
H2 Avg (Jul–Dec) 0.0627

Volatility Range Comparison

Volatility

The most volatile month in 2021 was June, with a trading range of 0.0041 CVE (High: 0.0634 / Low: 0.0593). On the other end, February was the most stable month, with a tight range of 0.0010 CVE (High: 0.0609 / Low: 0.0600).

June Spread (Volatile) ±0.0041
February Spread (Stable) ±0.0010

Growth Streaks & Declines

Trends

Between May and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0011 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0011

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2021: 0.0636) against the same month in 2020 (average: 0.0617), the exchange rate shifted by +0.0018 (+2.95%).

2021 Avg (November) 0.0636
2020 Avg (November) 0.0617

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0605 0.0592 0.0600
February 0.0609 0.0600 0.0604
March 0.0623 0.0599 0.0612
April 0.0623 0.0600 0.0611
May 0.0607 0.0593 0.0600
June 0.0634 0.0593 0.0604
July 0.0623 0.0608 0.0616
August 0.0627 0.0611 0.0619
September 0.0629 0.0613 0.0618
October 0.0633 0.0620 0.0626
November 0.0654 0.0624 0.0636
December 0.0651 0.0638 0.0645