YEARLY HIGH
0.0712 DKK
YEARLY LOW
0.0644 DKK
YEARLY AVERAGE
0.0673 DKK

2022 CVE to DKK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the CVE to DKK exchange rate experienced significant fluctuation. The market reached its absolute peak on September 21, valuing the pair at 0.0712. Conversely, the yearly low was recorded on October 31, dropping to 0.0644.

This high-to-low spread represents a total annual volatility of 0.0067 DKK. From a start-to-finish perspective, comparing the January average rate of 0.0673 to the December average rate of 0.0673, the exchange rate registered a net change of 0.03% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.0712 was up 4.16% compared to the 2021 peak of 0.0683, 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 356 DKK
2021 Average 336 DKK
Yearly Trough Low 322 DKK
Transaction Impact: A difference of 33.56 DKK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.0680
0.0669
JanuMarcMayJulySeptNove

CVE to DKK 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 0.0673, compared to 0.0674 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0673
H2 Avg (Jul–Dec) 0.0674

Volatility Range Comparison

Volatility

The most volatile month in 2022 was September, with a trading range of 0.0053 DKK (High: 0.0712 / Low: 0.0659). On the other end, August was the most stable month, with a tight range of 0.0012 DKK (High: 0.0679 / Low: 0.0667).

September Spread (Volatile) ±0.0053
August Spread (Stable) ±0.0012

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 0.0006 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0006

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2022: 0.0676) against the same month in 2021 (average: 0.0673), the exchange rate shifted by +0.0003 (+0.39%).

2022 Avg (September) 0.0676
2021 Avg (September) 0.0673

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0680 0.0667 0.0673
February 0.0681 0.0664 0.0672
March 0.0680 0.0662 0.0672
April 0.0682 0.0669 0.0674
May 0.0682 0.0667 0.0672
June 0.0683 0.0664 0.0673
July 0.0699 0.0667 0.0679
August 0.0679 0.0667 0.0673
September 0.0712 0.0659 0.0676
October 0.0677 0.0644 0.0671
November 0.0681 0.0651 0.0670
December 0.0678 0.0664 0.0673