2022 AFN to CVE Historical Review

YEARLY HIGH

1.3459 CVE

YEARLY LOW

0.9177 CVE

YEARLY AVERAGE

1.1718 CVE

2022 AFN to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the AFN to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on October 31, valuing the pair at 1.3459. Conversely, the yearly low was recorded on January 18, dropping to 0.9177.

This high-to-low spread represents a total annual volatility of 0.4282 CVE. From a start-to-finish perspective, comparing the January average rate of 0.9346 to the December average rate of 1.1932, the exchange rate registered a net change of 27.68% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 1.3459 was up 10.17% compared to the 2021 peak of 1.2217, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 6,730 CVE

2021 Average 5,643 CVE

Yearly Trough Low 4,589 CVE

Transaction Impact: A difference of 2,141.09 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

1.3327

0.8984

JanuMarcMayJulySeptNove

AFN 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 1.1074, compared to 1.2361 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1287 points.

H1 Avg (Jan–Jun) 1.1074

H2 Avg (Jul–Dec) 1.2361

Volatility Range Comparison

Volatility

The most volatile month in 2022 was April, with a trading range of 0.1023 CVE (High: 1.2327 / Low: 1.1304). On the other end, December was the most stable month, with a tight range of 0.0350 CVE (High: 1.2155 / Low: 1.1805).

April Spread (Volatile) ±0.1023

December Spread (Stable) ±0.0350

Growth Streaks & Declines

Trends

Between January and May, 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 October and November, when the average rate fell by 0.0610 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0610

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2022: 1.2965) against the same month in 2021 (average: 1.0588), the exchange rate shifted by +0.2377 (+22.46%).

2022 Avg (October) 1.2965

2021 Avg (October) 1.0588

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.9670	0.9177	0.9346
February	1.0802	0.9831	1.0469
March	1.1701	1.0746	1.1334
April	1.2327	1.1304	1.1666
May	1.2310	1.1394	1.1878
June	1.1961	1.1585	1.1750
July	1.2465	1.1594	1.2127
August	1.2554	1.1926	1.2229
September	1.3116	1.2195	1.2560
October	1.3459	1.2654	1.2965
November	1.2729	1.1972	1.2355
December	1.2155	1.1805	1.1932