YEARLY HIGH
98.8750 CVE
YEARLY LOW
90.1250 CVE
YEARLY AVERAGE
93.5938 CVE

2021 ZMK to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the ZMK to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on November 24, valuing the pair at 98.8750. Conversely, the yearly low was recorded on January 4, dropping to 90.1250.

This high-to-low spread represents a total annual volatility of 8.7500 CVE. From a start-to-finish perspective, comparing the January average rate of 90.9724 to the December average rate of 97.9990, the exchange rate registered a net change of 7.72% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 98.8750 was down 61.61% compared to the 2020 peak of 257.5550, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 494,375 CVE
2020 Average 487,708 CVE
Yearly Trough Low 450,625 CVE
Transaction Impact: A difference of 43,750.00 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

98.7017
90.2698
JanuMarcMayJulySeptNove

ZMK 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 91.9153, compared to 95.2722 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 3.3569 points.

H1 Avg (Jan–Jun) 91.9153
H2 Avg (Jul–Dec) 95.2722

Volatility Range Comparison

Volatility

The most volatile month in 2021 was June, with a trading range of 5.4750 CVE (High: 95.8500 / Low: 90.3750). On the other end, December was the most stable month, with a tight range of 0.8750 CVE (High: 98.3750 / Low: 97.5000).

June Spread (Volatile) ±5.4750
December Spread (Stable) ±0.8750

Growth Streaks & Declines

Trends

Between May and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 1.4252 points.

Longest Streak 7 Mo.
Sharpest MoM Drop -1.4252

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2021: 96.9079) against the same month in 2020 (average: 93.5348), the exchange rate shifted by +3.3731 (+3.61%).

2021 Avg (November) 96.9079
2020 Avg (November) 93.5348

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 91.5000 90.1250 90.9724
February 92.4750 91.1750 91.5643
March 94.3750 91.7500 93.0937
April 94.0500 91.4000 92.6435
May 92.3400 90.3750 91.2182
June 95.8500 90.3750 91.9997
July 94.2500 93.1777 93.6696
August 94.6250 93.1500 93.7864
September 95.4500 93.0363 93.8898
October 95.8000 94.7000 95.3805
November 98.8750 95.3750 96.9079
December 98.3750 97.5000 97.9990