YEARLY HIGH
0.0023 CVE
YEARLY LOW
0.0021 CVE
YEARLY AVERAGE
0.0022 CVE

2021 IRR to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the IRR to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on November 24, valuing the pair at 0.0023. Conversely, the yearly low was recorded on January 4, dropping to 0.0021.

This high-to-low spread represents a total annual volatility of 0.0002 CVE. From a start-to-finish perspective, comparing the January average rate of 0.0022 to the December average rate of 0.0023, the exchange rate registered a net change of 7.33% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.0023 was down 61.74% compared to the 2020 peak of 0.0061, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 12 CVE
2020 Average 12 CVE
Yearly Trough Low 11 CVE
Transaction Impact: A difference of 1.00 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.0023
0.0021
JanuMarcMayJulySeptNove

IRR 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 0.0022, compared to 0.0023 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0022
H2 Avg (Jul–Dec) 0.0023

Volatility Range Comparison

Volatility

The most volatile month in 2021 was June, with a trading range of 0.0001 CVE (High: 0.0023 / Low: 0.0021). On the other end, December was the most stable month, with a tight range of 0.0000 CVE (High: 0.0023 / Low: 0.0023).

June Spread (Volatile) ±0.0001
December Spread (Stable) ±0.0000

Growth Streaks & Declines

Trends

Between May and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0000 points.

Longest Streak 7 Mo.
Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2021: 0.0023) against the same month in 2020 (average: 0.0022), the exchange rate shifted by +0.0001 (+3.25%).

2021 Avg (November) 0.0023
2020 Avg (November) 0.0022

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0022 0.0021 0.0022
February 0.0022 0.0022 0.0022
March 0.0022 0.0022 0.0022
April 0.0022 0.0022 0.0022
May 0.0022 0.0021 0.0022
June 0.0023 0.0021 0.0022
July 0.0022 0.0022 0.0022
August 0.0022 0.0022 0.0022
September 0.0023 0.0022 0.0022
October 0.0023 0.0022 0.0023
November 0.0023 0.0023 0.0023
December 0.0023 0.0023 0.0023