YEARLY HIGH
117.2521 UZS
YEARLY LOW
108.7314 UZS
YEARLY AVERAGE
113.4086 UZS

2021 CVE to UZS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the CVE to UZS exchange rate experienced significant fluctuation. The market reached its absolute peak on May 26, valuing the pair at 117.2521. Conversely, the yearly low was recorded on November 24, dropping to 108.7314.

This high-to-low spread represents a total annual volatility of 8.5207 UZS. From a start-to-finish perspective, comparing the January average rate of 115.2514 to the December average rate of 110.3106, the exchange rate registered a net change of -4.29% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 117.2521 was up 0.90% compared to the 2020 peak of 116.2113, 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 586,260 UZS
2020 Average 518,149 UZS
Yearly Trough Low 543,657 UZS
Transaction Impact: A difference of 42,603.63 UZS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

116.2522
109.7705
JanuMarcMayJulySeptNove

CVE to UZS 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 114.5202, compared to 112.2969 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 2.2233 points.

H1 Avg (Jan–Jun) 114.5202
H2 Avg (Jul–Dec) 112.2969

Volatility Range Comparison

Volatility

The most volatile month in 2021 was June, with a trading range of 6.5606 UZS (High: 116.8995 / Low: 110.3389). On the other end, October was the most stable month, with a tight range of 1.2984 UZS (High: 112.8002 / Low: 111.5018).

June Spread (Volatile) ±6.5606
October Spread (Stable) ±1.2984

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 February and March, when the average rate fell by 2.2448 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -2.2448

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2021: 115.7121) against the same month in 2020 (average: 99.8505), the exchange rate shifted by +15.8616 (+15.89%).

2021 Avg (May) 115.7121
2020 Avg (May) 99.8505

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 116.2749 114.4807 115.2514
February 115.6708 113.4497 115.0203
March 114.6291 111.0331 112.7756
April 115.3446 111.2887 113.3826
May 117.2521 113.8726 115.7121
June 116.8995 110.3389 114.9793
July 113.9566 112.6169 113.3253
August 114.2449 112.2038 113.5415
September 114.8353 112.0523 113.7439
October 112.8002 111.5018 112.0779
November 112.4399 108.7314 110.7824
December 111.0107 109.5118 110.3106