YEARLY HIGH
82.4957 CVE
YEARLY LOW
71.6390 CVE
YEARLY AVERAGE
76.1824 CVE

2022 BND to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the BND to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on October 31, valuing the pair at 82.4957. Conversely, the yearly low was recorded on January 18, dropping to 71.6390.

This high-to-low spread represents a total annual volatility of 10.8568 CVE. From a start-to-finish perspective, comparing the January average rate of 72.3453 to the December average rate of 77.1907, the exchange rate registered a net change of 6.70% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 82.4957 was up 14.07% compared to the 2021 peak of 72.3177, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 412,479 CVE
2021 Average 348,282 CVE
Yearly Trough Low 358,195 CVE
Transaction Impact: A difference of 54,283.80 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

79.7278
71.6742
JanuMarcMayJulySeptNove

BND 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 74.1364, compared to 78.2285 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 4.0922 points.

H1 Avg (Jan–Jun) 74.1364
H2 Avg (Jul–Dec) 78.2285

Volatility Range Comparison

Volatility

The most volatile month in 2022 was September, with a trading range of 5.1020 CVE (High: 80.2717 / Low: 75.1697). On the other end, June was the most stable month, with a tight range of 1.3462 CVE (High: 76.3794 / Low: 75.0332).

September Spread (Volatile) ±5.1020
June Spread (Stable) ±1.3462

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 November and December, when the average rate fell by 1.0872 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -1.0872

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2022: 79.0567) against the same month in 2021 (average: 70.6076), the exchange rate shifted by +8.4491 (+11.97%).

2022 Avg (October) 79.0567
2021 Avg (October) 70.6076

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 73.3480 71.6390 72.3453
February 73.5161 71.9165 72.4934
March 74.8082 72.7174 74.0110
April 76.0507 73.7349 74.6770
May 76.4036 75.0047 75.7110
June 76.3794 75.0332 75.5805
July 78.9319 75.1759 77.1449
August 79.8939 78.2132 78.9283
September 80.2717 75.1697 78.7728
October 82.4957 78.0662 79.0567
November 79.8072 76.9862 78.2780
December 78.2931 76.4830 77.1907