YEARLY HIGH
1.2805 CVE
YEARLY LOW
0.9364 CVE
YEARLY AVERAGE
1.0557 CVE

2021 HTG to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the HTG to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on February 3, valuing the pair at 1.2805. Conversely, the yearly low was recorded on September 9, dropping to 0.9364.

This high-to-low spread represents a total annual volatility of 0.3441 CVE. From a start-to-finish perspective, comparing the January average rate of 1.2471 to the December average rate of 0.9739, the exchange rate registered a net change of -21.91% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 1.2805 was down 52.87% compared to the 2020 peak of 2.7171, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 6,402 CVE
2020 Average 5,383 CVE
Yearly Trough Low 4,682 CVE
Transaction Impact: A difference of 1,720.26 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

1.2762
0.9274
JanuMarcMayJulySeptNove

HTG 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 1.1402, compared to 0.9713 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1689 points.

H1 Avg (Jan–Jun) 1.1402
H2 Avg (Jul–Dec) 0.9713

Volatility Range Comparison

Volatility

The most volatile month in 2021 was April, with a trading range of 0.1166 CVE (High: 1.1834 / Low: 1.0668). On the other end, October was the most stable month, with a tight range of 0.0336 CVE (High: 0.9757 / Low: 0.9421).

April Spread (Volatile) ±0.1166
October Spread (Stable) ±0.0336

Growth Streaks & Declines

Trends

Between September and November, 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 April and May, when the average rate fell by 0.0939 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0939

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2021: 1.2419) against the same month in 2020 (average: 1.0401), the exchange rate shifted by +0.2019 (+19.41%).

2021 Avg (February) 1.2419
2020 Avg (February) 1.0401

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.2778 1.2299 1.2471
February 1.2805 1.1993 1.2419
March 1.2384 1.1669 1.1906
April 1.1834 1.0668 1.1282
May 1.0747 0.9912 1.0344
June 1.0324 0.9804 0.9988
July 1.0302 0.9711 0.9920
August 0.9979 0.9465 0.9644
September 0.9827 0.9364 0.9564
October 0.9757 0.9421 0.9599
November 1.0010 0.9617 0.9811
December 0.9961 0.9575 0.9739