2022 CVE to GNF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2022.
2022 CVE to GNF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2022
During 2022, the CVE to GNF exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 95.6410. Conversely, the yearly low was recorded on October 31, dropping to 74.1295.
This high-to-low spread represents a total annual volatility of 21.5115 GNF. From a start-to-finish perspective, comparing the January average rate of 93.1111 to the December average rate of 83.3359, the exchange rate registered a net change of -10.50% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2022 high of 95.6410 was down 15.86% compared to the 2021 peak of 113.6665, 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 GNF 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 88.3594, compared to 79.7893 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 8.5701 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2022 was September, with a trading range of 6.6019 GNF (High: 81.9394 / Low: 75.3376). On the other end, March was the most stable month, with a tight range of 2.8369 GNF (High: 90.9831 / Low: 88.1462).
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 February and March, when the average rate fell by 3.3932 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2022: 93.1111) against the same month in 2021 (average: 112.1878), the exchange rate shifted by -19.0767 (-17.00%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 95.6410 | 90.7969 | 93.1111 |
| February | 93.9344 | 90.2991 | 92.3678 |
| March | 90.9831 | 88.1462 | 88.9746 |
| April | 89.2784 | 83.9033 | 87.2062 |
| May | 85.6882 | 82.4591 | 84.3850 |
| June | 85.8738 | 81.9167 | 84.1116 |
| July | 84.4434 | 79.0472 | 80.7575 |
| August | 81.5759 | 78.0811 | 79.5485 |
| September | 81.9394 | 75.3376 | 78.1772 |
| October | 78.1320 | 74.1295 | 77.0121 |
| November | 82.7262 | 76.4242 | 79.9047 |
| December | 84.6934 | 81.7116 | 83.3359 |