YEARLY HIGH
68.6962 CVE
YEARLY LOW
64.0959 CVE
YEARLY AVERAGE
66.1771 CVE

2021 NZD to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the NZD to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on November 1, valuing the pair at 68.6962. Conversely, the yearly low was recorded on June 17, dropping to 64.0959.

This high-to-low spread represents a total annual volatility of 4.6002 CVE. From a start-to-finish perspective, comparing the January average rate of 65.3643 to the December average rate of 66.4955, the exchange rate registered a net change of 1.73% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 68.6962 was down 53.32% compared to the 2020 peak of 147.1694, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 343,481 CVE
2020 Average 316,579 CVE
Yearly Trough Low 320,480 CVE
Transaction Impact: A difference of 23,001.25 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

68.1578
65.0357
JanuMarcMayJulySeptNove

NZD 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: JanтАУJun) was 65.8786, compared to 66.4757 in the second half (H2: JulтАУDec). This shows that the rate was stronger in the second half (JulтАУDec) by a margin of 0.5971 points.

H1 Avg (JanтАУJun) 65.8786
H2 Avg (JulтАУDec) 66.4757

Volatility Range Comparison

Volatility

The most volatile month in 2021 was June, with a trading range of 3.4625 CVE (High: 67.5584 / Low: 64.0959). On the other end, December was the most stable month, with a tight range of 1.0288 CVE (High: 66.9095 / Low: 65.8808).

June Spread (Volatile) ┬▒3.4625
December Spread (Stable) ┬▒1.0288

Growth Streaks & Declines

Trends

Between August and November, 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 November and December, when the average rate fell by 1.4021 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -1.4021

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2021: 67.8976) against the same month in 2020 (average: 64.2701), the exchange rate shifted by +3.6275 (+5.64%).

2021 Avg (November) 67.8976
2020 Avg (November) 64.2701

рдорд╛рд╕рд┐рдХ рд╡рд┐рд╢реНрд▓реЗрд╖рдг

рдкреНрд░рддреНрдпреЗрдХ рдХреЕрд▓реЗрдВрдбрд░ рдорд╣рд┐рдиреНрдпрд╛рд╕рд╛рдареА рд╕рд╛рдВрдЦреНрдпрд┐рдХреАрдп рд╕рд╛рд░рд╛рдВрд╢.

Month High Low Average
January 65.9240 64.1250 65.3643
February 67.9918 65.6983 66.3431
March 67.3797 65.2229 66.3893
April 66.4841 65.2084 65.9702
May 67.2373 64.8447 65.9089
June 67.5584 64.0959 65.2959
July 65.9821 64.8785 65.4620
August 66.0510 64.1192 65.4249
September 66.7483 65.1761 66.2714
October 68.5621 66.0573 67.3026
November 68.6962 66.7989 67.8976
December 66.9095 65.8808 66.4955