2022 BRL to CVE Historical Review

YEARLY HIGH

22.5614 CVE

YEARLY LOW

17.1034 CVE

YEARLY AVERAGE

20.3860 CVE

2022 BRL to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the BRL to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on October 31, valuing the pair at 22.5614. Conversely, the yearly low was recorded on January 5, dropping to 17.1034.

This high-to-low spread represents a total annual volatility of 5.4581 CVE. From a start-to-finish perspective, comparing the January average rate of 17.6974 to the December average rate of 19.8920, the exchange rate registered a net change of 12.40% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 22.5614 was up 15.95% compared to the 2021 peak of 19.4580, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 25,000 BRL based on timing:

Yearly Peak High 564,036 CVE

2021 Average 434,034 CVE

Yearly Trough Low 427,584 CVE

Transaction Impact: A difference of 136,451.42 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

21.8952

17.3157

JanuMarcMayJulySeptNove

BRL 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 20.0174, compared to 20.7546 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.7372 points.

H1 Avg (Jan–Jun) 20.0174

H2 Avg (Jul–Dec) 20.7546

Volatility Range Comparison

Volatility

The most volatile month in 2022 was November, with a trading range of 2.4324 CVE (High: 22.0947 / Low: 19.6623). On the other end, December was the most stable month, with a tight range of 0.9521 CVE (High: 20.5036 / Low: 19.5515).

November Spread (Volatile) ±2.4324

December Spread (Stable) ±0.9521

Growth Streaks & Declines

Trends

Between January and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.8406 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.8406

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2022: 21.4317) against the same month in 2021 (average: 17.2378), the exchange rate shifted by +4.1938 (+24.33%).

2022 Avg (October) 21.4317

2021 Avg (October) 17.2378

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	18.6395	17.1034	17.6974
February	19.5202	18.2796	18.7724
March	21.2466	19.1067	20.2391
April	22.0494	20.5125	21.5135
May	21.8453	20.3148	21.1572
June	21.6353	19.8079	20.7247
July	21.0351	19.5932	20.0800
August	22.0132	20.5486	21.2728
September	21.9447	20.5530	21.2601
October	22.5614	20.6380	21.4317
November	22.0947	19.6623	20.5911
December	20.5036	19.5515	19.8920