YEARLY HIGH
0.0073 JOD
YEARLY LOW
0.0061 JOD
YEARLY AVERAGE
0.0068 JOD

2022 CVE to JOD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the CVE to JOD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 10, valuing the pair at 0.0073. Conversely, the yearly low was recorded on October 31, dropping to 0.0061.

This high-to-low spread represents a total annual volatility of 0.0013 JOD. From a start-to-finish perspective, comparing the January average rate of 0.0073 to the December average rate of 0.0068, the exchange rate registered a net change of -6.34% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.0073 was down 6.59% compared to the 2021 peak of 0.0079, 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 37 JOD
2021 Average 38 JOD
Yearly Trough Low 30 JOD
Transaction Impact: A difference of 6.41 JOD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.0074
0.0062
JanuMarcMayJulySeptNove

CVE to JOD 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 0.0070, compared to 0.0065 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0005 points.

H1 Avg (Jan–Jun) 0.0070
H2 Avg (Jul–Dec) 0.0065

Volatility Range Comparison

Volatility

The most volatile month in 2022 was September, with a trading range of 0.0005 JOD (High: 0.0067 / Low: 0.0062). On the other end, February was the most stable month, with a tight range of 0.0002 JOD (High: 0.0073 / Low: 0.0072).

September Spread (Volatile) ±0.0005
February Spread (Stable) ±0.0002

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 0.0002 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2022: 0.0073) against the same month in 2021 (average: 0.0077), the exchange rate shifted by -0.0005 (-6.17%).

2022 Avg (February) 0.0073
2021 Avg (February) 0.0077

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0073 0.0071 0.0073
February 0.0073 0.0072 0.0073
March 0.0072 0.0070 0.0071
April 0.0071 0.0067 0.0070
May 0.0069 0.0067 0.0068
June 0.0069 0.0067 0.0068
July 0.0068 0.0065 0.0066
August 0.0066 0.0064 0.0065
September 0.0067 0.0062 0.0064
October 0.0064 0.0061 0.0063
November 0.0067 0.0063 0.0065
December 0.0068 0.0067 0.0068