YEARLY HIGH
4.1021 CVE
YEARLY LOW
3.6270 CVE
YEARLY AVERAGE
3.8825 CVE

2021 HNL to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the HNL to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on November 25, valuing the pair at 4.1021. Conversely, the yearly low was recorded on January 6, dropping to 3.6270.

This high-to-low spread represents a total annual volatility of 0.4751 CVE. From a start-to-finish perspective, comparing the January average rate of 3.7523 to the December average rate of 4.0357, the exchange rate registered a net change of 7.55% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 4.1021 was down 60.38% compared to the 2020 peak of 10.3535, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 20,510 CVE
2020 Average 19,713 CVE
Yearly Trough Low 18,135 CVE
Transaction Impact: A difference of 2,375.60 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

4.0640
3.7240
JanuMarcMayJulySeptNove

HNL 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 3.8054, compared to 3.9596 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1542 points.

H1 Avg (Jan–Jun) 3.8054
H2 Avg (Jul–Dec) 3.9596

Volatility Range Comparison

Volatility

The most volatile month in 2021 was June, with a trading range of 0.2573 CVE (High: 4.0089 / Low: 3.7516). On the other end, October was the most stable month, with a tight range of 0.0536 CVE (High: 3.9722 / Low: 3.9186).

June Spread (Volatile) ±0.2573
October Spread (Stable) ±0.0536

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 April and May, when the average rate fell by 0.0600 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0600

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2021: 4.0112) against the same month in 2020 (average: 3.8329), the exchange rate shifted by +0.1783 (+4.65%).

2021 Avg (November) 4.0112
2020 Avg (November) 3.8329

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 3.7923 3.6270 3.7523
February 3.8138 3.7505 3.7772
March 3.9111 3.7795 3.8453
April 3.9152 3.7847 3.8462
May 3.8276 3.7511 3.7862
June 4.0089 3.7516 3.8251
July 3.9731 3.8891 3.9236
August 3.9899 3.8895 3.9431
September 3.9500 3.8709 3.8961
October 3.9722 3.9186 3.9482
November 4.1021 3.9472 4.0112
December 4.0731 3.9959 4.0357