2022 BIF to CVE Historical Review

YEARLY HIGH

0.0567 CVE

YEARLY LOW

0.0481 CVE

YEARLY AVERAGE

0.0514 CVE

2022 BIF to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the BIF to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on October 31, valuing the pair at 0.0567. Conversely, the yearly low was recorded on February 10, dropping to 0.0481.

This high-to-low spread represents a total annual volatility of 0.0086 CVE. From a start-to-finish perspective, comparing the January average rate of 0.0488 to the December average rate of 0.0505, the exchange rate registered a net change of 3.46% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.0567 was up 14.18% compared to the 2021 peak of 0.0497, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 283 CVE

2021 Average 237 CVE

Yearly Trough Low 241 CVE

Transaction Impact: A difference of 42.97 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.0554

0.0480

JanuMarcMayJulySeptNove

BIF 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 0.0500, compared to 0.0529 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0030 points.

H1 Avg (Jan–Jun) 0.0500

H2 Avg (Jul–Dec) 0.0529

Volatility Range Comparison

Volatility

The most volatile month in 2022 was September, with a trading range of 0.0042 CVE (High: 0.0560 / Low: 0.0517). On the other end, December was the most stable month, with a tight range of 0.0014 CVE (High: 0.0515 / Low: 0.0501).

September Spread (Volatile) ±0.0042

December Spread (Stable) ±0.0014

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 0.0023 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0023

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2022: 0.0548) against the same month in 2021 (average: 0.0479), the exchange rate shifted by +0.0069 (+14.42%).

2022 Avg (October) 0.0548

2021 Avg (October) 0.0479

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0500	0.0481	0.0488
February	0.0497	0.0481	0.0486
March	0.0506	0.0488	0.0497
April	0.0519	0.0488	0.0502
May	0.0524	0.0503	0.0514
June	0.0519	0.0501	0.0510
July	0.0533	0.0508	0.0523
August	0.0543	0.0522	0.0532
September	0.0560	0.0517	0.0541
October	0.0567	0.0538	0.0548
November	0.0545	0.0512	0.0527
December	0.0515	0.0501	0.0505