YEARLY HIGH
0.3262 CVE
YEARLY LOW
0.2983 CVE
YEARLY AVERAGE
0.3088 CVE

2021 HUF to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the HUF to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on June 28, valuing the pair at 0.3262. Conversely, the yearly low was recorded on November 23, dropping to 0.2983.

This high-to-low spread represents a total annual volatility of 0.0280 CVE. From a start-to-finish perspective, comparing the January average rate of 0.3081 to the December average rate of 0.3016, the exchange rate registered a net change of -2.10% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.3262 was down 59.06% compared to the 2020 peak of 0.7970, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 1,000,000 HUF based on timing:

Yearly Peak High 326,249 CVE
2020 Average 316,824 CVE
Yearly Trough Low 298,253 CVE
Transaction Impact: A difference of 27,996.01 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.3178
0.3001
JanuMarcMayJulySeptNove

HUF 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 0.3095, compared to 0.3081 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0013 points.

H1 Avg (Jan–Jun) 0.3095
H2 Avg (Jul–Dec) 0.3081

Volatility Range Comparison

Volatility

The most volatile month in 2021 was June, with a trading range of 0.0203 CVE (High: 0.3262 / Low: 0.3060). On the other end, March was the most stable month, with a tight range of 0.0055 CVE (High: 0.3059 / Low: 0.3004).

June Spread (Volatile) ±0.0203
March Spread (Stable) ±0.0055

Growth Streaks & Declines

Trends

Between March and June, 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 September and October, when the average rate fell by 0.0071 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0071

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2021: 0.3164) against the same month in 2020 (average: 0.3185), the exchange rate shifted by -0.0022 (-0.68%).

2021 Avg (June) 0.3164
2020 Avg (June) 0.3185

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.3108 0.3050 0.3081
February 0.3123 0.3043 0.3089
March 0.3059 0.3004 0.3028
April 0.3112 0.3035 0.3072
May 0.3208 0.3050 0.3134
June 0.3262 0.3060 0.3164
July 0.3153 0.3071 0.3102
August 0.3182 0.3086 0.3137
September 0.3180 0.3053 0.3137
October 0.3103 0.3025 0.3066
November 0.3088 0.2983 0.3029
December 0.3063 0.2992 0.3016