YEARLY HIGH
11.2606 CVE
YEARLY LOW
10.6766 CVE
YEARLY AVERAGE
10.9071 CVE

2021 SEK to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the SEK to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on June 28, valuing the pair at 11.2606. Conversely, the yearly low was recorded on August 19, dropping to 10.6766.

This high-to-low spread represents a total annual volatility of 0.5840 CVE. From a start-to-finish perspective, comparing the January average rate of 10.9604 to the December average rate of 10.7750, the exchange rate registered a net change of -1.69% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 11.2606 was down 55.29% compared to the 2020 peak of 25.1848, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 56,303 CVE
2020 Average 53,010 CVE
Yearly Trough Low 53,383 CVE
Transaction Impact: A difference of 2,919.94 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

11.0348
10.7514
JanuMarcMayJulySeptNove

SEK 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 10.9346, compared to 10.8795 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0551 points.

H1 Avg (Jan–Jun) 10.9346
H2 Avg (Jul–Dec) 10.8795

Volatility Range Comparison

Volatility

The most volatile month in 2021 was June, with a trading range of 0.5743 CVE (High: 11.2606 / Low: 10.6863). On the other end, December was the most stable month, with a tight range of 0.1171 CVE (High: 10.8338 / Low: 10.7167).

June Spread (Volatile) ±0.5743
December Spread (Stable) ±0.1171

Growth Streaks & Declines

Trends

Between April and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.1853 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.1853

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2021: 10.9424) against the same month in 2020 (average: 10.5630), the exchange rate shifted by +0.3794 (+3.59%).

2021 Avg (June) 10.9424
2020 Avg (June) 10.5630

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 11.0608 10.8652 10.9604
February 11.0646 10.8260 10.9791
March 10.9998 10.7990 10.9009
April 10.9785 10.7815 10.8970
May 11.1153 10.8038 10.9276
June 11.2606 10.6863 10.9424
July 10.9591 10.7823 10.8603
August 10.9004 10.6766 10.8046
September 10.9456 10.7772 10.8658
October 11.1967 10.8470 11.0112
November 11.2332 10.6953 10.9603
December 10.8338 10.7167 10.7750