YEARLY HIGH
6.7708 CVE
YEARLY LOW
5.8844 CVE
YEARLY AVERAGE
6.3344 CVE

2021 NAD to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the NAD to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on June 18, valuing the pair at 6.7708. Conversely, the yearly low was recorded on January 11, dropping to 5.8844.

This high-to-low spread represents a total annual volatility of 0.8863 CVE. From a start-to-finish perspective, comparing the January average rate of 6.0330 to the December average rate of 6.1619, the exchange rate registered a net change of 2.14% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 6.7708 was down 56.39% compared to the 2020 peak of 15.5247, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 33,854 CVE
2020 Average 29,755 CVE
Yearly Trough Low 29,422 CVE
Transaction Impact: A difference of 4,431.58 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

6.7093
5.9715
JanuMarcMayJulySeptNove

NAD 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 6.3346, compared to 6.3342 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0004 points.

H1 Avg (Jan–Jun) 6.3346
H2 Avg (Jul–Dec) 6.3342

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 0.6172 CVE (High: 6.6412 / Low: 6.0240). On the other end, April was the most stable month, with a tight range of 0.1693 CVE (High: 6.4747 / Low: 6.3055).

November Spread (Volatile) ±0.6172
April Spread (Stable) ±0.1693

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 June and July, when the average rate fell by 0.2030 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.2030

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2021: 6.6478) against the same month in 2020 (average: 5.7487), the exchange rate shifted by +0.8991 (+15.64%).

2021 Avg (June) 6.6478
2020 Avg (June) 5.7487

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 6.1729 5.8844 6.0330
February 6.2870 6.0883 6.2156
March 6.3893 5.9994 6.2155
April 6.4747 6.3055 6.4004
May 6.6113 6.3570 6.4954
June 6.7708 6.5077 6.6478
July 6.5382 6.2788 6.4448
August 6.5433 6.1806 6.3843
September 6.5539 6.2357 6.3343
October 6.5904 6.2632 6.4130
November 6.6412 6.0240 6.2670
December 6.2910 6.0688 6.1619