2022 CVE to BIF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2022.
2022 CVE to BIF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2022
During 2022, the CVE to BIF exchange rate experienced significant fluctuation. The market reached its absolute peak on February 10, valuing the pair at 20.7899. Conversely, the yearly low was recorded on October 31, dropping to 17.6386.
This high-to-low spread represents a total annual volatility of 3.1513 BIF. From a start-to-finish perspective, comparing the January average rate of 20.4949 to the December average rate of 19.8094, the exchange rate registered a net change of -3.34% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2022 high of 20.7899 was down 4.90% compared to the 2021 peak of 21.8617, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 CVE based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2022.
CVE to BIF Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 20.0268, compared to 18.9110 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.1159 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2022 was September, with a trading range of 1.4647 BIF (High: 19.3256 / Low: 17.8610). On the other end, December was the most stable month, with a tight range of 0.5585 BIF (High: 19.9792 / Low: 19.4206).
Growth Streaks & Declines
TrendsBetween 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 April and May, when the average rate fell by 0.4886 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (February 2022: 20.5685) against the same month in 2021 (average: 21.3043), the exchange rate shifted by -0.7358 (-3.45%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 20.7704 | 20.0121 | 20.4949 |
| February | 20.7899 | 20.1327 | 20.5685 |
| March | 20.4995 | 19.7509 | 20.1343 |
| April | 20.5039 | 19.2554 | 19.9286 |
| May | 19.8823 | 19.0828 | 19.4400 |
| June | 19.9445 | 19.2679 | 19.5948 |
| July | 19.6883 | 18.7697 | 19.1193 |
| August | 19.1595 | 18.4248 | 18.8165 |
| September | 19.3256 | 17.8610 | 18.4916 |
| October | 18.5836 | 17.6386 | 18.2577 |
| November | 19.5339 | 18.3531 | 18.9714 |
| December | 19.9792 | 19.4206 | 19.8094 |