2021 QAR to CVE Historical Review

YEARLY HIGH

27.1560 CVE

YEARLY LOW

24.7471 CVE

YEARLY AVERAGE

25.6836 CVE

2021 QAR to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the QAR to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on November 24, valuing the pair at 27.1560. Conversely, the yearly low was recorded on January 3, dropping to 24.7471.

This high-to-low spread represents a total annual volatility of 2.4089 CVE. From a start-to-finish perspective, comparing the January average rate of 24.9759 to the December average rate of 26.9139, the exchange rate registered a net change of 7.76% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 27.1560 was down 61.61% compared to the 2020 peak of 70.7374, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 135,780 CVE

2020 Average 133,942 CVE

Yearly Trough Low 123,736 CVE

Transaction Impact: A difference of 12,044.42 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

27.1078

24.7821

JanuMarcMayJulySeptNove

QAR 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 25.2398, compared to 26.1273 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.8874 points.

H1 Avg (Jan–Jun) 25.2398

H2 Avg (Jul–Dec) 26.1273

Volatility Range Comparison

Volatility

The most volatile month in 2021 was June, with a trading range of 1.4811 CVE (High: 26.3026 / Low: 24.8215). On the other end, December was the most stable month, with a tight range of 0.2403 CVE (High: 27.0187 / Low: 26.7784).

June Spread (Volatile) ±1.4811

December Spread (Stable) ±0.2403

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 0.4003 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.4003

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2021: 26.6087) against the same month in 2020 (average: 25.6892), the exchange rate shifted by +0.9194 (+3.58%).

2021 Avg (November) 26.6087

2020 Avg (November) 25.6892

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	25.1305	24.7471	24.9759
February	25.4003	25.0412	25.1481
March	25.9201	25.1991	25.5610
April	25.8513	25.1030	25.4482
May	25.3612	24.8215	25.0480
June	26.3026	24.8215	25.2579
July	25.8860	25.2491	25.6901
August	25.9905	25.1866	25.6389
September	26.2153	25.2458	25.7221
October	26.3096	26.0080	26.1899
November	27.1560	26.1947	26.6087
December	27.0187	26.7784	26.9139