2022 CVE to IDR Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2022.
2022 CVE to IDR Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2022
During 2022, the CVE to IDR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 28, valuing the pair at 152.0484. Conversely, the yearly low was recorded on September 27, dropping to 131.6425.
This high-to-low spread represents a total annual volatility of 20.4059 IDR. From a start-to-finish perspective, comparing the January average rate of 146.7098 to the December average rate of 149.2079, the exchange rate registered a net change of 1.70% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2022 high of 152.0484 was down 4.34% compared to the 2021 peak of 158.9547, 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 IDR 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 142.9206, compared to 140.0177 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 2.9029 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2022 was September, with a trading range of 10.0226 IDR (High: 141.6651 / Low: 131.6425). On the other end, January was the most stable month, with a tight range of 3.6209 IDR (High: 148.4871 / Low: 144.8662).
Growth Streaks & Declines
TrendsBetween September and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 4.3864 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2022: 149.2079) against the same month in 2021 (average: 146.1721), the exchange rate shifted by +3.0358 (+2.08%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 148.4871 | 144.8662 | 146.7098 |
| February | 148.8029 | 145.0101 | 147.0848 |
| March | 146.3473 | 140.3756 | 142.6984 |
| April | 143.7569 | 137.7230 | 141.1087 |
| May | 142.0966 | 137.2710 | 139.3729 |
| June | 142.6018 | 138.2439 | 140.5488 |
| July | 142.8563 | 136.2678 | 139.2073 |
| August | 137.9449 | 133.3619 | 135.7499 |
| September | 141.6651 | 131.6425 | 134.9017 |
| October | 139.9991 | 133.6791 | 136.9043 |
| November | 148.8516 | 140.0706 | 144.1350 |
| December | 152.0484 | 144.4831 | 149.2079 |