YEARLY HIGH
0.0069 CVE
YEARLY LOW
0.0063 CVE
YEARLY AVERAGE
0.0065 CVE

2021 IDR to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the IDR to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on November 25, valuing the pair at 0.0069. Conversely, the yearly low was recorded on May 20, dropping to 0.0063.

This high-to-low spread represents a total annual volatility of 0.0006 CVE. From a start-to-finish perspective, comparing the January average rate of 0.0065 to the December average rate of 0.0068, the exchange rate registered a net change of 5.74% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.0069 was down 58.40% compared to the 2020 peak of 0.0166, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 10,000,000 IDR based on timing:

Yearly Peak High 69,211 CVE
2020 Average 67,148 CVE
Yearly Trough Low 62,911 CVE
Transaction Impact: A difference of 6,299.89 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.0069
0.0063
JanuMarcMayJulySeptNove

IDR 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 0.0064, compared to 0.0067 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.0064
H2 Avg (Jul–Dec) 0.0067

Volatility Range Comparison

Volatility

The most volatile month in 2021 was June, with a trading range of 0.0003 CVE (High: 0.0066 / Low: 0.0063). On the other end, March was the most stable month, with a tight range of 0.0001 CVE (High: 0.0065 / Low: 0.0064).

June Spread (Volatile) ±0.0003
March Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between April and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0001 points.

Longest Streak 8 Mo.
Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2021: 0.0068) against the same month in 2020 (average: 0.0066), the exchange rate shifted by +0.0002 (+2.98%).

2021 Avg (November) 0.0068
2020 Avg (November) 0.0066

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0065 0.0064 0.0065
February 0.0066 0.0064 0.0065
March 0.0065 0.0064 0.0065
April 0.0065 0.0063 0.0064
May 0.0065 0.0063 0.0064
June 0.0066 0.0063 0.0064
July 0.0065 0.0064 0.0065
August 0.0066 0.0064 0.0065
September 0.0067 0.0065 0.0066
October 0.0068 0.0067 0.0067
November 0.0069 0.0067 0.0068
December 0.0069 0.0068 0.0068