YEARLY HIGH
46.5985 CVE
YEARLY LOW
44.1335 CVE
YEARLY AVERAGE
45.2421 CVE

2021 FJD to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the FJD to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on November 24, valuing the pair at 46.5985. Conversely, the yearly low was recorded on January 4, dropping to 44.1335.

This high-to-low spread represents a total annual volatility of 2.4650 CVE. From a start-to-finish perspective, comparing the January average rate of 44.6776 to the December average rate of 46.0156, the exchange rate registered a net change of 2.99% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 46.5985 was down 58.30% compared to the 2020 peak of 111.7496, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 232,992 CVE
2020 Average 224,826 CVE
Yearly Trough Low 220,667 CVE
Transaction Impact: A difference of 12,324.99 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

46.2813
44.5318
JanuMarcMayJulySeptNove

FJD 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 45.0497, compared to 45.4344 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.3846 points.

H1 Avg (Jan–Jun) 45.0497
H2 Avg (Jul–Dec) 45.4344

Volatility Range Comparison

Volatility

The most volatile month in 2021 was June, with a trading range of 2.2539 CVE (High: 46.5054 / Low: 44.2515). On the other end, September was the most stable month, with a tight range of 0.4725 CVE (High: 45.2327 / Low: 44.7602).

June Spread (Volatile) ±2.2539
September Spread (Stable) ±0.4725

Growth Streaks & Declines

Trends

Between August and November, 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 April and May, when the average rate fell by 0.3199 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.3199

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2021: 46.1355) against the same month in 2020 (average: 44.4908), the exchange rate shifted by +1.6446 (+3.70%).

2021 Avg (November) 46.1355
2020 Avg (November) 44.4908

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 45.0150 44.1335 44.6776
February 45.6100 44.6809 45.1158
March 45.9538 45.1492 45.5132
April 45.8300 44.9284 45.2241
May 45.5415 44.4679 44.9042
June 46.5054 44.2515 44.8634
July 45.2551 44.7056 45.0256
August 45.1692 44.5260 44.8118
September 45.2327 44.7602 44.9936
October 46.1714 45.0130 45.6243
November 46.5985 45.4381 46.1355
December 46.2029 45.6896 46.0156