2022 ARS to CVE Historical Review

YEARLY HIGH

0.9519 CVE

YEARLY LOW

0.5846 CVE

YEARLY AVERAGE

0.8218 CVE

2022 ARS to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the ARS to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on January 4, valuing the pair at 0.9519. Conversely, the yearly low was recorded on December 31, dropping to 0.5846.

This high-to-low spread represents a total annual volatility of 0.3673 CVE. From a start-to-finish perspective, comparing the January average rate of 0.9404 to the December average rate of 0.6059, the exchange rate registered a net change of -35.57% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.9519 was down 11.36% compared to the 2021 peak of 1.0740, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 4,760 CVE

2021 Average 4,930 CVE

Yearly Trough Low 2,923 CVE

Transaction Impact: A difference of 1,836.64 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.9739

0.5724

JanuMarcMayJulySeptNove

ARS 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 0.9032, compared to 0.7404 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1628 points.

H1 Avg (Jan–Jun) 0.9032

H2 Avg (Jul–Dec) 0.7404

Volatility Range Comparison

Volatility

The most volatile month in 2022 was November, with a trading range of 0.0763 CVE (High: 0.7114 / Low: 0.6351). On the other end, January was the most stable month, with a tight range of 0.0232 CVE (High: 0.9519 / Low: 0.9287).

November Spread (Volatile) ±0.0763

January Spread (Stable) ±0.0232

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2022. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0710 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0710

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2022: 0.9404) against the same month in 2021 (average: 1.0591), the exchange rate shifted by -0.1187 (-11.21%).

2022 Avg (January) 0.9404

2021 Avg (January) 1.0591

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.9519	0.9287	0.9404
February	0.9359	0.9098	0.9175
March	0.9376	0.8950	0.9192
April	0.9149	0.8888	0.9005
May	0.9085	0.8588	0.8886
June	0.8670	0.8345	0.8528
July	0.8587	0.7941	0.8385
August	0.8249	0.7937	0.8076
September	0.7987	0.7336	0.7777
October	0.7671	0.7130	0.7417
November	0.7114	0.6351	0.6707
December	0.6341	0.5846	0.6059