YEARLY HIGH
0.0253 CVE
YEARLY LOW
0.0230 CVE
YEARLY AVERAGE
0.0243 CVE

2021 MGA to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the MGA to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on June 28, valuing the pair at 0.0253. Conversely, the yearly low was recorded on January 2, dropping to 0.0230.

This high-to-low spread represents a total annual volatility of 0.0023 CVE. From a start-to-finish perspective, comparing the January average rate of 0.0239 to the December average rate of 0.0247, the exchange rate registered a net change of 3.38% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.0253 was down 63.46% compared to the 2020 peak of 0.0692, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 126 CVE
2020 Average 128 CVE
Yearly Trough Low 115 CVE
Transaction Impact: A difference of 11.33 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.0248
0.0238
JanuMarcMayJulySeptNove

MGA 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 0.0243, compared to 0.0243 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0243
H2 Avg (Jul–Dec) 0.0243

Volatility Range Comparison

Volatility

The most volatile month in 2021 was June, with a trading range of 0.0016 CVE (High: 0.0253 / Low: 0.0237). On the other end, September was the most stable month, with a tight range of 0.0004 CVE (High: 0.0241 / Low: 0.0237).

June Spread (Volatile) ±0.0016
September Spread (Stable) ±0.0004

Growth Streaks & Declines

Trends

Between September and December, 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 July and August, when the average rate fell by 0.0003 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0003

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2021: 0.0243) against the same month in 2020 (average: 0.0257), the exchange rate shifted by -0.0014 (-5.36%).

2021 Avg (June) 0.0243
2020 Avg (June) 0.0257

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0243 0.0230 0.0239
February 0.0247 0.0242 0.0243
March 0.0248 0.0244 0.0247
April 0.0248 0.0241 0.0244
May 0.0246 0.0241 0.0243
June 0.0253 0.0237 0.0243
July 0.0249 0.0239 0.0244
August 0.0246 0.0238 0.0241
September 0.0241 0.0237 0.0239
October 0.0244 0.0238 0.0241
November 0.0248 0.0240 0.0244
December 0.0251 0.0245 0.0247