2022 CVE to BGN Historical Review

YEARLY HIGH

0.0187 BGN

YEARLY LOW

0.0169 BGN

YEARLY AVERAGE

0.0177 BGN

2022 CVE to BGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the CVE to BGN exchange rate experienced significant fluctuation. The market reached its absolute peak on September 21, valuing the pair at 0.0187. Conversely, the yearly low was recorded on October 31, dropping to 0.0169.

This high-to-low spread represents a total annual volatility of 0.0018 BGN. From a start-to-finish perspective, comparing the January average rate of 0.0177 to the December average rate of 0.0177, the exchange rate registered a net change of 0.15% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.0187 was up 3.96% compared to the 2021 peak of 0.0180, 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 93 BGN

2021 Average 88 BGN

Yearly Trough Low 85 BGN

Transaction Impact: A difference of 8.78 BGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.0179

0.0176

JanuMarcMayJulySeptNove

CVE to BGN 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 0.0177, compared to 0.0177 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0000 points.

H1 Avg (Jan–Jun) 0.0177

H2 Avg (Jul–Dec) 0.0177

Volatility Range Comparison

Volatility

The most volatile month in 2022 was September, with a trading range of 0.0014 BGN (High: 0.0187 / Low: 0.0173). On the other end, January was the most stable month, with a tight range of 0.0003 BGN (High: 0.0179 / Low: 0.0176).

September Spread (Volatile) ±0.0014

January Spread (Stable) ±0.0003

Growth Streaks & Declines

Trends

Between February and April, 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 July and August, when the average rate fell by 0.0002 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2022: 0.0178) against the same month in 2021 (average: 0.0177), the exchange rate shifted by +0.0001 (+0.38%).

2022 Avg (September) 0.0178

2021 Avg (September) 0.0177

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0179	0.0176	0.0177
February	0.0179	0.0174	0.0177
March	0.0179	0.0174	0.0177
April	0.0179	0.0176	0.0177
May	0.0179	0.0175	0.0177
June	0.0179	0.0175	0.0177
July	0.0183	0.0175	0.0178
August	0.0179	0.0175	0.0177
September	0.0187	0.0173	0.0178
October	0.0178	0.0169	0.0176
November	0.0179	0.0171	0.0176
December	0.0179	0.0175	0.0177