YEARLY HIGH
0.0937 SEK
YEARLY LOW
0.0888 SEK
YEARLY AVERAGE
0.0917 SEK

2021 CVE to SEK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the CVE to SEK exchange rate experienced significant fluctuation. The market reached its absolute peak on August 19, valuing the pair at 0.0937. Conversely, the yearly low was recorded on June 28, dropping to 0.0888.

This high-to-low spread represents a total annual volatility of 0.0049 SEK. From a start-to-finish perspective, comparing the January average rate of 0.0912 to the December average rate of 0.0928, the exchange rate registered a net change of 1.72% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.0937 was down 7.61% compared to the 2020 peak of 0.1014, 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 468 SEK
2020 Average 473 SEK
Yearly Trough Low 444 SEK
Transaction Impact: A difference of 24.29 SEK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.0930
0.0906
JanuMarcMayJulySeptNove

CVE to SEK 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 0.0915, compared to 0.0919 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0005 points.

H1 Avg (Jan–Jun) 0.0915
H2 Avg (Jul–Dec) 0.0919

Volatility Range Comparison

Volatility

The most volatile month in 2021 was June, with a trading range of 0.0048 SEK (High: 0.0936 / Low: 0.0888). On the other end, December was the most stable month, with a tight range of 0.0010 SEK (High: 0.0933 / Low: 0.0923).

June Spread (Volatile) ±0.0048
December Spread (Stable) ±0.0010

Growth Streaks & Declines

Trends

Between February and April, 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 September and October, when the average rate fell by 0.0012 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0012

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2021: 0.0926) against the same month in 2020 (average: 0.0934), the exchange rate shifted by -0.0008 (-0.88%).

2021 Avg (August) 0.0926
2020 Avg (August) 0.0934

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0920 0.0904 0.0912
February 0.0924 0.0904 0.0911
March 0.0926 0.0909 0.0917
April 0.0928 0.0911 0.0918
May 0.0926 0.0900 0.0915
June 0.0936 0.0888 0.0914
July 0.0927 0.0912 0.0921
August 0.0937 0.0917 0.0926
September 0.0928 0.0914 0.0920
October 0.0922 0.0893 0.0908
November 0.0935 0.0890 0.0913
December 0.0933 0.0923 0.0928