YEARLY HIGH
2744.2037 VEF
YEARLY LOW
0.0101 VEF
YEARLY AVERAGE
22.1413 VEF

2021 CVE to VEF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the CVE to VEF exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 2744.2037. Conversely, the yearly low was recorded on November 25, dropping to 0.0101.

This high-to-low spread represents a total annual volatility of 2744.1936 VEF. From a start-to-finish perspective, comparing the January average rate of 265.5780 to the December average rate of 0.0102, the exchange rate registered a net change of -100.00% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 2744.2037 was down 0.54% compared to the 2020 peak of 2759.0578, 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 13,721,018 VEF
2020 Average 12,792,753 VEF
Yearly Trough Low 51 VEF
Transaction Impact: A difference of 13,720,967.78 VEF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

292.1348
-26.5466
JanuMarcMayJulySeptNove

CVE to VEF 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 44.2721, compared to 0.0105 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 44.2616 points.

H1 Avg (Jan–Jun) 44.2721
H2 Avg (Jul–Dec) 0.0105

Volatility Range Comparison

Volatility

The most volatile month in 2021 was January, with a trading range of 2744.1927 VEF (High: 2744.2037 / Low: 0.0109). On the other end, December was the most stable month, with a tight range of 0.0001 VEF (High: 0.0103 / Low: 0.0102).

January Spread (Volatile) ±2744.1927
December Spread (Stable) ±0.0001

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 January and February, when the average rate fell by 265.5671 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -265.5671

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2021: 265.5780) against the same month in 2020 (average: 2493.4178), the exchange rate shifted by -2227.8397 (-89.35%).

2021 Avg (January) 265.5780
2020 Avg (January) 2493.4178

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2744.2037 0.0109 265.5780
February 0.0110 0.0108 0.0109
March 0.0109 0.0106 0.0107
April 0.0109 0.0106 0.0108
May 0.0111 0.0108 0.0110
June 0.0111 0.0104 0.0109
July 0.0107 0.0106 0.0107
August 0.0107 0.0106 0.0107
September 0.0107 0.0105 0.0107
October 0.0106 0.0104 0.0105
November 0.0105 0.0101 0.0103
December 0.0103 0.0102 0.0102