YEARLY HIGH
38.5221 CVE
YEARLY LOW
35.6931 CVE
YEARLY AVERAGE
36.7728 CVE

2021 WST to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the WST to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on November 24, valuing the pair at 38.5221. Conversely, the yearly low was recorded on January 3, dropping to 35.6931.

This high-to-low spread represents a total annual volatility of 2.8290 CVE. From a start-to-finish perspective, comparing the January average rate of 36.1967 to the December average rate of 37.7730, the exchange rate registered a net change of 4.35% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 38.5221 was down 59.15% compared to the 2020 peak of 94.2993, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 192,611 CVE
2020 Average 183,186 CVE
Yearly Trough Low 178,465 CVE
Transaction Impact: A difference of 14,145.19 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

37.9309
36.0363
JanuMarcMayJulySeptNove

WST 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 36.4489, compared to 37.0967 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.6478 points.

H1 Avg (Jan–Jun) 36.4489
H2 Avg (Jul–Dec) 37.0967

Volatility Range Comparison

Volatility

The most volatile month in 2021 was June, with a trading range of 1.7462 CVE (High: 37.7046 / Low: 35.9584). On the other end, August was the most stable month, with a tight range of 0.3659 CVE (High: 36.7088 / Low: 36.3430).

June Spread (Volatile) ±1.7462
August Spread (Stable) ±0.3659

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 0.3620 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.3620

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2021: 37.7670) against the same month in 2020 (average: 36.0165), the exchange rate shifted by +1.7505 (+4.86%).

2021 Avg (November) 37.7670
2020 Avg (November) 36.0165

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 36.5560 35.6931 36.1967
February 36.8849 36.1968 36.4519
March 37.2129 36.6018 36.8860
April 37.1452 36.0999 36.5562
May 36.4712 35.9584 36.1942
June 37.7046 35.9584 36.4086
July 36.9822 36.3537 36.7485
August 36.7088 36.3430 36.5468
September 37.0755 36.3357 36.6615
October 37.2555 36.8756 37.0835
November 38.5221 37.1385 37.7670
December 38.3065 37.4546 37.7730