YEARLY HIGH
58.4819 CVE
YEARLY LOW
55.9860 CVE
YEARLY AVERAGE
56.5935 CVE

2021 BAM to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the BAM to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on June 28, valuing the pair at 58.4819. Conversely, the yearly low was recorded on November 11, dropping to 55.9860.

This high-to-low spread represents a total annual volatility of 2.4959 CVE. From a start-to-finish perspective, comparing the January average rate of 56.6201 to the December average rate of 56.6344, the exchange rate registered a net change of 0.03% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 58.4819 was down 59.55% compared to the 2020 peak of 144.5825, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 292,410 CVE
2020 Average 284,118 CVE
Yearly Trough Low 279,930 CVE
Transaction Impact: A difference of 12,479.67 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

56.7005
56.4178
JanuMarcMayJulySeptNove

BAM 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 56.6203, compared to 56.5667 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0536 points.

H1 Avg (Jan–Jun) 56.6203
H2 Avg (Jul–Dec) 56.5667

Volatility Range Comparison

Volatility

The most volatile month in 2021 was June, with a trading range of 2.4737 CVE (High: 58.4819 / Low: 56.0083). On the other end, October was the most stable month, with a tight range of 0.3326 CVE (High: 56.7433 / Low: 56.4107).

June Spread (Volatile) ±2.4737
October Spread (Stable) ±0.3326

Growth Streaks & Declines

Trends

Between April and June, 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 July and August, when the average rate fell by 0.2253 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.2253

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2021: 56.6770) against the same month in 2020 (average: 56.6106), the exchange rate shifted by +0.0664 (+0.12%).

2021 Avg (June) 56.6770
2020 Avg (June) 56.6106

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 56.9709 56.4337 56.6201
February 56.8538 56.3685 56.5961
March 56.8735 56.4759 56.6350
April 56.8927 56.2552 56.5610
May 57.0027 56.4541 56.6326
June 58.4819 56.0083 56.6770
July 57.0081 56.4323 56.6667
August 56.7113 56.1739 56.4414
September 56.8232 56.3783 56.5480
October 56.7433 56.4107 56.5966
November 56.9735 55.9860 56.5131
December 56.8820 56.2650 56.6344