2022 BGN to CVE Historical Review

YEARLY HIGH

59.0649 CVE

YEARLY LOW

53.5144 CVE

YEARLY AVERAGE

56.5094 CVE

2022 BGN to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the BGN to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on October 31, valuing the pair at 59.0649. Conversely, the yearly low was recorded on September 21, dropping to 53.5144.

This high-to-low spread represents a total annual volatility of 5.5505 CVE. From a start-to-finish perspective, comparing the January average rate of 56.5428 to the December average rate of 56.4604, the exchange rate registered a net change of -0.15% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 59.0649 was up 1.07% compared to the 2021 peak of 58.4421, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 295,325 CVE

2021 Average 282,938 CVE

Yearly Trough Low 267,572 CVE

Transaction Impact: A difference of 27,752.55 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

56.8422

55.9634

JanuMarcMayJulySeptNove

BGN 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 56.5470, compared to 56.4719 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0751 points.

H1 Avg (Jan–Jun) 56.5470

H2 Avg (Jul–Dec) 56.4719

Volatility Range Comparison

Volatility

The most volatile month in 2022 was September, with a trading range of 4.1797 CVE (High: 57.6941 / Low: 53.5144). On the other end, January was the most stable month, with a tight range of 1.0087 CVE (High: 56.9764 / Low: 55.9677).

September Spread (Volatile) ±4.1797

January Spread (Stable) ±1.0087

Growth Streaks & Declines

Trends

Between September and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.4966 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.4966

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2022: 56.7003) against the same month in 2021 (average: 56.5565), the exchange rate shifted by +0.1438 (+0.25%).

2022 Avg (October) 56.7003

2021 Avg (October) 56.5565

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	56.9764	55.9677	56.5428
February	57.3200	55.9323	56.6283
March	57.4431	55.8397	56.5856
April	56.8616	55.7368	56.4322
May	57.0052	55.7305	56.5597
June	57.2422	55.7500	56.5332
July	57.0255	54.5096	56.0366
August	57.0565	56.0107	56.5221
September	57.6941	53.5144	56.3431
October	59.0649	56.2101	56.7003
November	58.4569	55.8521	56.7689
December	57.1648	55.9063	56.4604