YEARLY HIGH
0.0860 HKD
YEARLY LOW
0.0789 HKD
YEARLY AVERAGE
0.0831 HKD

2021 CVE to HKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the CVE to HKD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 4, valuing the pair at 0.0860. Conversely, the yearly low was recorded on November 25, dropping to 0.0789.

This high-to-low spread represents a total annual volatility of 0.0072 HKD. From a start-to-finish perspective, comparing the January average rate of 0.0852 to the December average rate of 0.0796, the exchange rate registered a net change of -6.62% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.0860 was down 0.06% compared to the 2020 peak of 0.0861, 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 430 HKD
2020 Average 399 HKD
Yearly Trough Low 394 HKD
Transaction Impact: A difference of 35.87 HKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.0858
0.0790
JanuMarcMayJulySeptNove

CVE to HKD 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 0.0845, compared to 0.0817 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) 0.0845
H2 Avg (Jul–Dec) 0.0817

Volatility Range Comparison

Volatility

The most volatile month in 2021 was June, with a trading range of 0.0049 HKD (High: 0.0859 / Low: 0.0810). On the other end, December was the most stable month, with a tight range of 0.0007 HKD (High: 0.0800 / Low: 0.0793).

June Spread (Volatile) ±0.0049
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 0.0014 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0014

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2021: 0.0852) against the same month in 2020 (average: 0.0780), the exchange rate shifted by +0.0072 (+9.26%).

2021 Avg (January) 0.0852
2020 Avg (January) 0.0780

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0860 0.0847 0.0852
February 0.0850 0.0838 0.0847
March 0.0845 0.0824 0.0834
April 0.0850 0.0827 0.0839
May 0.0859 0.0841 0.0851
June 0.0859 0.0810 0.0844
July 0.0834 0.0825 0.0829
August 0.0835 0.0823 0.0830
September 0.0835 0.0816 0.0829
October 0.0822 0.0813 0.0816
November 0.0817 0.0789 0.0804
December 0.0800 0.0793 0.0796