2022 CVE to ARS Historical Review

YEARLY HIGH

1.7106 ARS

YEARLY LOW

1.0505 ARS

YEARLY AVERAGE

1.2384 ARS

2022 CVE to ARS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the CVE to ARS exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 1.7106. Conversely, the yearly low was recorded on January 4, dropping to 1.0505.

This high-to-low spread represents a total annual volatility of 0.6601 ARS. From a start-to-finish perspective, comparing the January average rate of 1.0634 to the December average rate of 1.6512, the exchange rate registered a net change of 55.27% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 1.7106 was up 62.42% compared to the 2021 peak of 1.0532, 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 8,553 ARS

2021 Average 5,076 ARS

Yearly Trough Low 5,253 ARS

Transaction Impact: A difference of 3,300.55 ARS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

1.7100

1.0047

JanuMarcMayJulySeptNove

CVE to ARS 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 1.1084, compared to 1.3685 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2601 points.

H1 Avg (Jan–Jun) 1.1084

H2 Avg (Jul–Dec) 1.3685

Volatility Range Comparison

Volatility

The most volatile month in 2022 was November, with a trading range of 0.1689 ARS (High: 1.5745 / Low: 1.4056). On the other end, January was the most stable month, with a tight range of 0.0263 ARS (High: 1.0768 / Low: 1.0505).

November Spread (Volatile) ±0.1689

January Spread (Stable) ±0.0263

Growth Streaks & Declines

Trends

Between March and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 9 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0019 points.

Longest Streak 9 Mo.

Sharpest MoM Drop -0.0019

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2022: 1.6512) against the same month in 2021 (average: 1.0393), the exchange rate shifted by +0.6120 (+58.88%).

2022 Avg (December) 1.6512

2021 Avg (December) 1.0393

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.0768	1.0505	1.0634
February	1.0991	1.0685	1.0899
March	1.1173	1.0665	1.0881
April	1.1251	1.0930	1.1106
May	1.1644	1.1007	1.1258
June	1.1984	1.1534	1.1727
July	1.2594	1.1645	1.1932
August	1.2600	1.2123	1.2384
September	1.3632	1.2520	1.2862
October	1.4025	1.3036	1.3490
November	1.5745	1.4056	1.4930
December	1.7106	1.5769	1.6512