2021 NPR to CVE Historical Review

YEARLY HIGH

0.8311 CVE

YEARLY LOW

0.7651 CVE

YEARLY AVERAGE

0.7919 CVE

2021 NPR to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the NPR to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on November 24, valuing the pair at 0.8311. Conversely, the yearly low was recorded on April 26, dropping to 0.7651.

This high-to-low spread represents a total annual volatility of 0.0660 CVE. From a start-to-finish perspective, comparing the January average rate of 0.7777 to the December average rate of 0.8131, the exchange rate registered a net change of 4.55% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.8311 was down 61.68% compared to the 2020 peak of 2.1689, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 4,155 CVE

2020 Average 4,117 CVE

Yearly Trough Low 3,826 CVE

Transaction Impact: A difference of 329.83 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.8172

0.7741

JanuMarcMayJulySeptNove

NPR 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 0.7842, compared to 0.7997 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0155 points.

H1 Avg (Jan–Jun) 0.7842

H2 Avg (Jul–Dec) 0.7997

Volatility Range Comparison

Volatility

The most volatile month in 2021 was April, with a trading range of 0.0375 CVE (High: 0.8027 / Low: 0.7651). On the other end, July was the most stable month, with a tight range of 0.0097 CVE (High: 0.7916 / Low: 0.7819).

April Spread (Volatile) ±0.0375

July Spread (Stable) ±0.0097

Growth Streaks & Declines

Trends

Between May and September, 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 March and April, when the average rate fell by 0.0213 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0213

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2021: 0.8136) against the same month in 2020 (average: 0.7873), the exchange rate shifted by +0.0263 (+3.33%).

2021 Avg (November) 0.8136

2020 Avg (November) 0.7873

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.7862	0.7702	0.7777
February	0.7938	0.7807	0.7874
March	0.8120	0.7800	0.8004
April	0.8027	0.7651	0.7792
May	0.7858	0.7673	0.7787
June	0.8070	0.7701	0.7816
July	0.7916	0.7819	0.7863
August	0.8037	0.7838	0.7907
September	0.8040	0.7926	0.7981
October	0.8048	0.7901	0.7963
November	0.8311	0.7986	0.8136
December	0.8211	0.8048	0.8131