YEARLY HIGH
0.1712 MVR
YEARLY LOW
0.1558 MVR
YEARLY AVERAGE
0.1650 MVR

2021 CVE to MVR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the CVE to MVR exchange rate experienced significant fluctuation. The market reached its absolute peak on May 19, valuing the pair at 0.1712. Conversely, the yearly low was recorded on November 25, dropping to 0.1558.

This high-to-low spread represents a total annual volatility of 0.0154 MVR. From a start-to-finish perspective, comparing the January average rate of 0.1693 to the December average rate of 0.1576, the exchange rate registered a net change of -6.96% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.1712 was up 0.11% compared to the 2020 peak of 0.1710, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 856 MVR
2020 Average 794 MVR
Yearly Trough Low 779 MVR
Transaction Impact: A difference of 77.12 MVR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.1705
0.1564
JanuMarcMayJulySeptNove

CVE to MVR 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 0.1679, compared to 0.1621 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0058 points.

H1 Avg (Jan–Jun) 0.1679
H2 Avg (Jul–Dec) 0.1621

Volatility Range Comparison

Volatility

The most volatile month in 2021 was June, with a trading range of 0.0103 MVR (High: 0.1711 / Low: 0.1608). On the other end, December was the most stable month, with a tight range of 0.0018 MVR (High: 0.1584 / Low: 0.1565).

June Spread (Volatile) ±0.0103
December Spread (Stable) ±0.0018

Growth Streaks & Declines

Trends

Between March and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.0034 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0034

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2021: 0.1690) against the same month in 2020 (average: 0.1527), the exchange rate shifted by +0.0164 (+10.72%).

2021 Avg (May) 0.1690
2020 Avg (May) 0.1527

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1710 0.1683 0.1693
February 0.1690 0.1665 0.1683
March 0.1678 0.1637 0.1658
April 0.1692 0.1643 0.1668
May 0.1712 0.1662 0.1690
June 0.1711 0.1608 0.1679
July 0.1655 0.1635 0.1645
August 0.1660 0.1633 0.1648
September 0.1661 0.1619 0.1644
October 0.1631 0.1608 0.1619
November 0.1620 0.1558 0.1594
December 0.1584 0.1565 0.1576