2021 ZWL to CVE Historical Review

YEARLY HIGH

98.8750 CVE

YEARLY LOW

90.1250 CVE

YEARLY AVERAGE

93.5938 CVE

2021 ZWL to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the ZWL 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 ZWL 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

ZWL 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