YEARLY HIGH
133.0269 CVE
YEARLY LOW
122.3064 CVE
YEARLY AVERAGE
128.7210 CVE

2021 SHP to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the SHP to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on June 28, valuing the pair at 133.0269. Conversely, the yearly low was recorded on January 4, dropping to 122.3064.

This high-to-low spread represents a total annual volatility of 10.7205 CVE. From a start-to-finish perspective, comparing the January average rate of 124.1115 to the December average rate of 130.4221, the exchange rate registered a net change of 5.08% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 133.0269 was down 55.50% compared to the 2020 peak of 298.9570, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 665,134 CVE
2020 Average 625,250 CVE
Yearly Trough Low 611,532 CVE
Transaction Impact: A difference of 53,602.58 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

131.1732
123.4695
JanuMarcMayJulySeptNove

SHP 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 127.6050, compared to 129.8370 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.2320 points.

H1 Avg (Jan–Jun) 127.6050
H2 Avg (Jul–Dec) 129.8370

Volatility Range Comparison

Volatility

The most volatile month in 2021 was June, with a trading range of 5.6684 CVE (High: 133.0269 / Low: 127.3585). On the other end, August was the most stable month, with a tight range of 1.9160 CVE (High: 130.0775 / Low: 128.1615).

June Spread (Volatile) ±5.6684
August Spread (Stable) ±1.9160

Growth Streaks & Declines

Trends

Between April and July, 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 March and April, when the average rate fell by 0.8272 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.8272

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2021: 128.9033) against the same month in 2020 (average: 123.1328), the exchange rate shifted by +5.7705 (+4.69%).

2021 Avg (June) 128.9033
2020 Avg (June) 123.1328

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 125.5800 122.3064 124.1115
February 129.2328 125.3212 127.0332
March 130.0175 127.7976 129.0026
April 130.8484 126.2829 128.1754
May 129.5577 126.2879 128.4039
June 133.0269 127.3585 128.9033
July 130.9111 128.1350 129.4129
August 130.0775 128.1615 129.3718
September 129.9079 127.3645 129.0142
October 131.5164 129.2870 130.5313
November 131.7994 127.5270 130.2697
December 131.9381 128.9873 130.4221