YEARLY HIGH
114.3385 CVE
YEARLY LOW
108.8535 CVE
YEARLY AVERAGE
110.6754 CVE

2021 EUR to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the EUR to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on June 28, valuing the pair at 114.3385. Conversely, the yearly low was recorded on June 17, dropping to 108.8535.

This high-to-low spread represents a total annual volatility of 5.4850 CVE. From a start-to-finish perspective, comparing the January average rate of 110.6823 to the December average rate of 110.7924, the exchange rate registered a net change of 0.10% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 114.3385 was down 59.43% compared to the 2020 peak of 281.8410, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 EUR based on timing:

Yearly Peak High 571,693 CVE
2020 Average 556,036 CVE
Yearly Trough Low 544,267 CVE
Transaction Impact: A difference of 27,425.23 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

110.8531
110.3393
JanuMarcMayJulySeptNove

EUR to CVE 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 110.7513, compared to 110.5996 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1518 points.

H1 Avg (Jan–Jun) 110.7513
H2 Avg (Jul–Dec) 110.5996

Volatility Range Comparison

Volatility

The most volatile month in 2021 was June, with a trading range of 5.4850 CVE (High: 114.3385 / Low: 108.8535). On the other end, December was the most stable month, with a tight range of 0.6640 CVE (High: 111.1531 / Low: 110.4892).

June Spread (Volatile) ±5.4850
December Spread (Stable) ±0.6640

Growth Streaks & Declines

Trends

Between January and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.4035 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.4035

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2021: 110.7138) against the same month in 2020 (average: 110.7314), the exchange rate shifted by -0.0176 (-0.02%).

2021 Avg (June) 110.7138
2020 Avg (June) 110.7314

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 111.3545 109.8824 110.6823
February 111.1728 110.2784 110.7379
March 111.3643 110.3280 110.7680
April 111.6741 109.8583 110.8102
May 112.3154 109.8624 110.7957
June 114.3385 108.8535 110.7138
July 111.4828 110.3926 110.7855
August 111.0537 109.7801 110.3821
September 110.8551 110.0402 110.5174
October 111.3329 109.4381 110.6127
November 111.2608 109.2373 110.5072
December 111.1531 110.4892 110.7924