YEARLY HIGH
58.2612 CVE
YEARLY LOW
47.8555 CVE
YEARLY AVERAGE
52.1322 CVE

2022 BZD to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the BZD to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on October 31, valuing the pair at 58.2612. Conversely, the yearly low was recorded on January 13, dropping to 47.8555.

This high-to-low spread represents a total annual volatility of 10.4057 CVE. From a start-to-finish perspective, comparing the January average rate of 48.4782 to the December average rate of 51.7580, the exchange rate registered a net change of 6.77% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 58.2612 was up 18.75% compared to the 2021 peak of 49.0637, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 291,306 CVE
2021 Average 232,210 CVE
Yearly Trough Low 239,278 CVE
Transaction Impact: A difference of 52,028.37 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

56.7440
47.6732
JanuMarcMayJulySeptNove

BZD 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 50.1937, compared to 54.0706 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 3.8770 points.

H1 Avg (Jan–Jun) 50.1937
H2 Avg (Jul–Dec) 54.0706

Volatility Range Comparison

Volatility

The most volatile month in 2022 was September, with a trading range of 4.4705 CVE (High: 57.1671 / Low: 52.6966). On the other end, December was the most stable month, with a tight range of 1.4045 CVE (High: 52.7727 / Low: 51.3682).

September Spread (Volatile) ±4.4705
December Spread (Stable) ±1.4045

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 2.1844 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -2.1844

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2022: 55.9881) against the same month in 2021 (average: 47.3264), the exchange rate shifted by +8.6617 (+18.30%).

2022 Avg (October) 55.9881
2021 Avg (October) 47.3264

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 49.3083 47.8555 48.4782
February 49.4031 47.8642 48.4291
March 50.5370 48.9306 49.8986
April 52.3309 49.5937 50.5590
May 52.7748 51.1277 51.9212
June 52.7070 51.1476 51.8759
July 54.4133 51.6917 53.3756
August 55.0743 53.1698 54.1747
September 57.1671 52.6966 55.1852
October 58.2612 55.1363 55.9881
November 55.9434 52.4541 53.9423
December 52.7727 51.3682 51.7580