YEARLY HIGH
1.3297 CVE
YEARLY LOW
1.2242 CVE
YEARLY AVERAGE
1.2671 CVE

2021 BTN to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the BTN to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on November 24, valuing the pair at 1.3297. Conversely, the yearly low was recorded on April 26, dropping to 1.2242.

This high-to-low spread represents a total annual volatility of 0.1055 CVE. From a start-to-finish perspective, comparing the January average rate of 1.2443 to the December average rate of 1.3014, the exchange rate registered a net change of 4.58% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 1.3297 was down 61.68% compared to the 2020 peak of 3.4702, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 6,649 CVE
2020 Average 6,587 CVE
Yearly Trough Low 6,121 CVE
Transaction Impact: A difference of 527.72 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

1.3076
1.2386
JanuMarcMayJulySeptNove

BTN 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 1.2547, compared to 1.2794 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0248 points.

H1 Avg (Jan–Jun) 1.2547
H2 Avg (Jul–Dec) 1.2794

Volatility Range Comparison

Volatility

The most volatile month in 2021 was April, with a trading range of 0.0603 CVE (High: 1.2845 / Low: 1.2242). On the other end, July was the most stable month, with a tight range of 0.0155 CVE (High: 1.2665 / Low: 1.2511).

April Spread (Volatile) ±0.0603
July Spread (Stable) ±0.0155

Growth Streaks & Declines

Trends

Between May and September, 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 March and April, when the average rate fell by 0.0340 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0340

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2021: 1.3018) against the same month in 2020 (average: 1.2597), the exchange rate shifted by +0.0421 (+3.34%).

2021 Avg (November) 1.3018
2020 Avg (November) 1.2597

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.2578 1.2323 1.2443
February 1.2701 1.2491 1.2599
March 1.2992 1.2481 1.2807
April 1.2845 1.2242 1.2467
May 1.2573 1.2277 1.2459
June 1.2912 1.2322 1.2506
July 1.2665 1.2511 1.2580
August 1.2799 1.2541 1.2646
September 1.2864 1.2682 1.2769
October 1.2876 1.2642 1.2740
November 1.3297 1.2777 1.3018
December 1.3138 1.2876 1.3014