2021 TOP to CVE Historical Review

YEARLY HIGH

43.5570 CVE

YEARLY LOW

39.6285 CVE

YEARLY AVERAGE

41.3101 CVE

2021 TOP to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the TOP to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on November 24, valuing the pair at 43.5570. Conversely, the yearly low was recorded on February 21, dropping to 39.6285.

This high-to-low spread represents a total annual volatility of 3.9284 CVE. From a start-to-finish perspective, comparing the January average rate of 39.8809 to the December average rate of 42.8923, 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 43.5570 was down 59.88% compared to the 2020 peak of 108.5665, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 217,785 CVE

2020 Average 211,842 CVE

Yearly Trough Low 198,143 CVE

Transaction Impact: A difference of 19,642.07 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

43.2225

39.5771

JanuMarcMayJulySeptNove

TOP 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 40.4951, compared to 42.1251 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.6300 points.

H1 Avg (Jan–Jun) 40.4951

H2 Avg (Jul–Dec) 42.1251

Volatility Range Comparison

Volatility

The most volatile month in 2021 was June, with a trading range of 2.1075 CVE (High: 42.7622 / Low: 40.6547). On the other end, December was the most stable month, with a tight range of 0.3778 CVE (High: 43.0336 / Low: 42.6558).

June Spread (Volatile) ±2.1075

December Spread (Stable) ±0.3778

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 0.1881 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.1881

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2021: 42.9187) against the same month in 2020 (average: 40.6480), the exchange rate shifted by +2.2707 (+5.59%).

2021 Avg (November) 42.9187

2020 Avg (November) 40.6480

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	40.2001	39.6402	39.8809
February	40.2064	39.6285	39.8920
March	41.2259	39.9772	40.8262
April	41.1782	40.3915	40.6985
May	40.8823	40.1841	40.5104
June	42.7622	40.6547	41.1626
July	41.6982	41.1878	41.4896
August	41.6194	41.2197	41.4293
September	41.9929	41.3759	41.6870
October	42.6167	42.0389	42.3339
November	43.5570	42.3792	42.9187
December	43.0336	42.6558	42.8923

2021 TOP నుండి CVE చారిత్రక సమీక్ష