2022 CVE to AFN Historical Review

YEARLY HIGH

1.0897 AFN

YEARLY LOW

0.7430 AFN

YEARLY AVERAGE

0.8599 AFN

2022 CVE to AFN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the CVE to AFN exchange rate experienced significant fluctuation. The market reached its absolute peak on January 18, valuing the pair at 1.0897. Conversely, the yearly low was recorded on October 31, dropping to 0.7430.

This high-to-low spread represents a total annual volatility of 0.3467 AFN. From a start-to-finish perspective, comparing the January average rate of 1.0702 to the December average rate of 0.8381, the exchange rate registered a net change of -21.69% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 1.0897 was down 9.10% compared to the 2021 peak of 1.1988, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 5,448 AFN

2021 Average 4,451 AFN

Yearly Trough Low 3,715 AFN

Transaction Impact: A difference of 1,733.41 AFN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

1.1001

0.7416

JanuMarcMayJulySeptNove

CVE to AFN 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 0.9099, compared to 0.8098 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1002 points.

H1 Avg (Jan–Jun) 0.9099

H2 Avg (Jul–Dec) 0.8098

Volatility Range Comparison

Volatility

The most volatile month in 2022 was February, with a trading range of 0.0914 AFN (High: 1.0172 / Low: 0.9257). On the other end, December was the most stable month, with a tight range of 0.0244 AFN (High: 0.8471 / Low: 0.8227).

February Spread (Volatile) ±0.0914

December Spread (Stable) ±0.0244

Growth Streaks & Declines

Trends

Between October and December, 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 January and February, when the average rate fell by 0.1145 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.1145

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2022: 1.0702) against the same month in 2021 (average: 0.8500), the exchange rate shifted by +0.2203 (+25.92%).

2022 Avg (January) 1.0702

2021 Avg (January) 0.8500

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.0897	1.0341	1.0702
February	1.0172	0.9257	0.9557
March	0.9306	0.8546	0.8826
April	0.8846	0.8112	0.8575
May	0.8776	0.8124	0.8424
June	0.8632	0.8361	0.8511
July	0.8625	0.8022	0.8249
August	0.8385	0.7966	0.8180
September	0.8200	0.7624	0.7964
October	0.7903	0.7430	0.7715
November	0.8353	0.7856	0.8097
December	0.8471	0.8227	0.8381