2021 MYR to CVE Historical Review

YEARLY HIGH

23.5026 CVE

YEARLY LOW

21.8165 CVE

YEARLY AVERAGE

22.5868 CVE

2021 MYR to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the MYR to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on November 22, valuing the pair at 23.5026. Conversely, the yearly low was recorded on May 25, dropping to 21.8165.

This high-to-low spread represents a total annual volatility of 1.6860 CVE. From a start-to-finish perspective, comparing the January average rate of 22.5244 to the December average rate of 23.2667, the exchange rate registered a net change of 3.30% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 23.5026 was down 60.09% compared to the 2020 peak of 58.8899, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 20,000 MYR based on timing:

Yearly Peak High 470,051 CVE

2020 Average 464,234 CVE

Yearly Trough Low 436,331 CVE

Transaction Impact: A difference of 33,720.65 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

23.3825

21.9931

JanuMarcMayJulySeptNove

MYR 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 22.4371, compared to 22.7366 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2994 points.

H1 Avg (Jan–Jun) 22.4371

H2 Avg (Jul–Dec) 22.7366

Volatility Range Comparison

Volatility

The most volatile month in 2021 was June, with a trading range of 1.2175 CVE (High: 23.1187 / Low: 21.9011). On the other end, October was the most stable month, with a tight range of 0.2222 CVE (High: 22.9958 / Low: 22.7736).

June Spread (Volatile) ±1.2175

October Spread (Stable) ±0.2222

Growth Streaks & Declines

Trends

Between August and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.3571 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.3571

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2021: 23.1812) against the same month in 2020 (average: 22.7552), the exchange rate shifted by +0.4260 (+1.87%).

2021 Avg (November) 23.1812

2020 Avg (November) 22.7552

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	22.6682	22.3553	22.5244
February	22.7999	22.5305	22.6220
March	22.8277	22.4988	22.6460
April	22.7641	22.2791	22.4660
May	22.4535	21.8165	22.1089
June	23.1187	21.9011	22.2556
July	22.5316	22.0696	22.2960
August	22.4849	22.0630	22.2265
September	22.7995	22.4002	22.5388
October	22.9958	22.7736	22.9100
November	23.5026	22.9072	23.1812
December	23.4188	23.1087	23.2667