YEARLY HIGH
68.7500 CVE
YEARLY LOW
56.7549 CVE
YEARLY AVERAGE
61.8081 CVE

2022 AZN to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the AZN to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on October 31, valuing the pair at 68.7500. Conversely, the yearly low was recorded on February 10, dropping to 56.7549.

This high-to-low spread represents a total annual volatility of 11.9951 CVE. From a start-to-finish perspective, comparing the January average rate of 57.4737 to the December average rate of 61.3854, the exchange rate registered a net change of 6.81% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 68.7500 was up 18.26% compared to the 2021 peak of 58.1342, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 343,750 CVE
2021 Average 275,187 CVE
Yearly Trough Low 283,775 CVE
Transaction Impact: A difference of 59,975.49 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

67.2158
56.5234
JanuMarcMayJulySeptNove

AZN 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 59.5263, compared to 64.0899 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 4.5635 points.

H1 Avg (Jan–Jun) 59.5263
H2 Avg (Jul–Dec) 64.0899

Volatility Range Comparison

Volatility

The most volatile month in 2022 was September, with a trading range of 5.2647 CVE (High: 67.7941 / Low: 62.5294). On the other end, February was the most stable month, with a tight range of 1.3922 CVE (High: 58.1471 / Low: 56.7549).

September Spread (Volatile) ±5.2647
February Spread (Stable) ±1.3922

Growth Streaks & Declines

Trends

Between June and October, 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 November and December, when the average rate fell by 2.5079 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -2.5079

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2022: 66.3248) against the same month in 2021 (average: 56.0796), the exchange rate shifted by +10.2452 (+18.27%).

2022 Avg (October) 66.3248
2021 Avg (October) 56.0796

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 58.4044 56.7981 57.4737
February 58.1471 56.7549 57.4145
March 59.8088 58.0000 59.1492
April 62.0000 58.7941 60.0218
May 62.5441 60.6588 61.5531
June 62.4853 60.6941 61.5457
July 64.4776 61.3824 63.2689
August 65.3529 63.0294 64.2781
September 67.7941 62.5294 65.3888
October 68.7500 65.3824 66.3248
November 65.9412 62.2491 63.8933
December 62.5373 60.9118 61.3854