YEARLY HIGH
6.4205 CVE
YEARLY LOW
5.8419 CVE
YEARLY AVERAGE
6.0647 CVE

2021 MVR to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the MVR to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on November 24, valuing the pair at 6.4205. Conversely, the yearly low was recorded on May 19, dropping to 5.8419.

This high-to-low spread represents a total annual volatility of 0.5785 CVE. From a start-to-finish perspective, comparing the January average rate of 5.9054 to the December average rate of 6.3472, the exchange rate registered a net change of 7.48% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 6.4205 was down 61.61% compared to the 2020 peak of 16.7244, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 32,102 CVE
2020 Average 31,612 CVE
Yearly Trough Low 29,210 CVE
Transaction Impact: A difference of 2,892.60 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

6.3914
5.8613
JanuMarcMayJulySeptNove

MVR 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 5.9579, compared to 6.1715 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2136 points.

H1 Avg (Jan–Jun) 5.9579
H2 Avg (Jul–Dec) 6.1715

Volatility Range Comparison

Volatility

The most volatile month in 2021 was June, with a trading range of 0.3743 CVE (High: 6.2200 / Low: 5.8457). On the other end, December was the most stable month, with a tight range of 0.0741 CVE (High: 6.3880 / Low: 6.3139).

June Spread (Volatile) ±0.3743
December Spread (Stable) ±0.0741

Growth Streaks & Declines

Trends

Between August and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0785 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0785

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2021: 6.2753) against the same month in 2020 (average: 6.0720), the exchange rate shifted by +0.2033 (+3.35%).

2021 Avg (November) 6.2753
2020 Avg (November) 6.0720

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 5.9416 5.8485 5.9054
February 6.0049 5.9166 5.9433
March 6.1084 5.9578 6.0301
April 6.0874 5.9089 5.9954
May 6.0156 5.8419 5.9169
June 6.2200 5.8457 5.9566
July 6.1169 6.0406 6.0786
August 6.1246 6.0252 6.0693
September 6.1780 6.0217 6.0827
October 6.2208 6.1294 6.1758
November 6.4205 6.1731 6.2753
December 6.3880 6.3139 6.3472