YEARLY HIGH
438.2881 IRR
YEARLY LOW
362.7807 IRR
YEARLY AVERAGE
403.1510 IRR

2022 CVE to IRR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the CVE to IRR exchange rate experienced significant fluctuation. The market reached its absolute peak on February 10, valuing the pair at 438.2881. Conversely, the yearly low was recorded on October 31, dropping to 362.7807.

This high-to-low spread represents a total annual volatility of 75.5074 IRR. From a start-to-finish perspective, comparing the January average rate of 432.5900 to the December average rate of 399.7874, the exchange rate registered a net change of -7.58% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 438.2881 was down 6.19% compared to the 2021 peak of 467.1845, 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 2,191,441 IRR
2021 Average 2,253,009 IRR
Yearly Trough Low 1,813,904 IRR
Transaction Impact: A difference of 377,536.93 IRR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

438.7046
369.9069
JanuMarcMayJulySeptNove

CVE to IRR 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 418.3306, compared to 387.9714 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 30.3593 points.

H1 Avg (Jan–Jun) 418.3306
H2 Avg (Jul–Dec) 387.9714

Volatility Range Comparison

Volatility

The most volatile month in 2022 was September, with a trading range of 31.4091 IRR (High: 398.8711 / Low: 367.4620). On the other end, December was the most stable month, with a tight range of 11.3870 IRR (High: 405.1965 / Low: 393.8095).

September Spread (Volatile) ±31.4091
December Spread (Stable) ±11.3870

Growth Streaks & Declines

Trends

Between 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 12.4663 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -12.4663

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2022: 432.9715) against the same month in 2021 (average: 459.8474), the exchange rate shifted by -26.8759 (-5.84%).

2022 Avg (February) 432.9715
2021 Avg (February) 459.8474

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 437.8238 425.7837 432.5900
February 438.2881 426.6818 432.9715
March 428.1778 415.3922 420.5052
April 423.7119 401.3283 414.8320
May 410.6866 397.9304 404.4383
June 409.9710 397.7406 404.6469
July 405.3666 386.3633 393.7971
August 395.2403 381.1881 387.4275
September 398.8711 367.4620 380.9238
October 381.4665 362.7807 375.6400
November 401.1396 377.3417 390.2524
December 405.1965 393.8095 399.7874