2021 SBD to CVE Historical Review

YEARLY HIGH

12.2703 CVE

YEARLY LOW

11.1996 CVE

YEARLY AVERAGE

11.6659 CVE

2021 SBD to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the SBD to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on November 24, valuing the pair at 12.2703. Conversely, the yearly low was recorded on January 4, dropping to 11.1996.

This high-to-low spread represents a total annual volatility of 1.0706 CVE. From a start-to-finish perspective, comparing the January average rate of 11.3653 to the December average rate of 12.1155, the exchange rate registered a net change of 6.60% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 12.2703 was down 60.61% compared to the 2020 peak of 31.1509, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 61,351 CVE

2020 Average 59,232 CVE

Yearly Trough Low 55,998 CVE

Transaction Impact: A difference of 5,353.12 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

12.1905

11.2902

JanuMarcMayJulySeptNove

SBD 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 11.5049, compared to 11.8269 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.3221 points.

H1 Avg (Jan–Jun) 11.5049

H2 Avg (Jul–Dec) 11.8269

Volatility Range Comparison

Volatility

The most volatile month in 2021 was June, with a trading range of 0.6288 CVE (High: 11.9572 / Low: 11.3285). On the other end, October was the most stable month, with a tight range of 0.0939 CVE (High: 11.8839 / Low: 11.7901).

June Spread (Volatile) ±0.6288

October Spread (Stable) ±0.0939

Growth Streaks & Declines

Trends

Between August and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.1579 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.1579

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2021: 12.0502) against the same month in 2020 (average: 11.5890), the exchange rate shifted by +0.4612 (+3.98%).

2021 Avg (November) 12.0502

2020 Avg (November) 11.5890

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	11.4715	11.1996	11.3653
February	11.5194	11.3822	11.4396
March	11.8276	11.2671	11.6717
April	11.7749	11.4603	11.6032
May	11.5932	11.3465	11.4453
June	11.9572	11.3285	11.5043
July	11.7077	11.5678	11.6509
August	11.7523	11.5644	11.6457
September	11.8405	11.5411	11.6518
October	11.8839	11.7901	11.8475
November	12.2703	11.8837	12.0502
December	12.1837	12.0376	12.1155

૨૦૨૫ SBD થી CVE ઐતિહાસિક સમીક્ષા