YEARLY HIGH
0.0768 BOB
YEARLY LOW
0.0697 BOB
YEARLY AVERAGE
0.0738 BOB

2021 CVE to BOB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the CVE to BOB exchange rate experienced significant fluctuation. The market reached its absolute peak on June 11, valuing the pair at 0.0768. Conversely, the yearly low was recorded on November 24, dropping to 0.0697.

This high-to-low spread represents a total annual volatility of 0.0070 BOB. From a start-to-finish perspective, comparing the January average rate of 0.0757 to the December average rate of 0.0704, the exchange rate registered a net change of -7.04% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.0768 was up 0.47% compared to the 2020 peak of 0.0764, 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 384 BOB
2020 Average 355 BOB
Yearly Trough Low 349 BOB
Transaction Impact: A difference of 35.07 BOB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.0763
0.0699
JanuMarcMayJulySeptNove

CVE to BOB 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 0.0751, compared to 0.0725 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0027 points.

H1 Avg (Jan–Jun) 0.0751
H2 Avg (Jul–Dec) 0.0725

Volatility Range Comparison

Volatility

The most volatile month in 2021 was June, with a trading range of 0.0046 BOB (High: 0.0768 / Low: 0.0721). On the other end, December was the most stable month, with a tight range of 0.0007 BOB (High: 0.0708 / Low: 0.0701).

June Spread (Volatile) ±0.0046
December Spread (Stable) ±0.0007

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 0.0015 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0015

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2021: 0.0752) against the same month in 2020 (average: 0.0702), the exchange rate shifted by +0.0050 (+7.12%).

2021 Avg (June) 0.0752
2020 Avg (June) 0.0702

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0764 0.0752 0.0757
February 0.0759 0.0747 0.0755
March 0.0752 0.0732 0.0742
April 0.0756 0.0733 0.0745
May 0.0764 0.0747 0.0757
June 0.0768 0.0721 0.0752
July 0.0741 0.0731 0.0737
August 0.0741 0.0730 0.0736
September 0.0742 0.0723 0.0735
October 0.0728 0.0721 0.0724
November 0.0724 0.0697 0.0712
December 0.0708 0.0701 0.0704