2022 CVE to MAD Historical Review

YEARLY HIGH

0.1012 MAD

YEARLY LOW

0.0936 MAD

YEARLY AVERAGE

0.0966 MAD

2022 CVE to MAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the CVE to MAD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 21, valuing the pair at 0.1012. Conversely, the yearly low was recorded on October 31, dropping to 0.0936.

This high-to-low spread represents a total annual volatility of 0.0076 MAD. From a start-to-finish perspective, comparing the January average rate of 0.0951 to the December average rate of 0.1008, the exchange rate registered a net change of 5.98% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.1012 was up 2.64% compared to the 2021 peak of 0.0986, 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 506 MAD

2021 Average 480 MAD

Yearly Trough Low 468 MAD

Transaction Impact: A difference of 38.16 MAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.1014

0.0945

JanuMarcMayJulySeptNove

CVE to MAD 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 0.0959, compared to 0.0974 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0015 points.

H1 Avg (Jan–Jun) 0.0959

H2 Avg (Jul–Dec) 0.0974

Volatility Range Comparison

Volatility

The most volatile month in 2022 was September, with a trading range of 0.0059 MAD (High: 0.1010 / Low: 0.0951). On the other end, January was the most stable month, with a tight range of 0.0013 MAD (High: 0.0957 / Low: 0.0944).

September Spread (Volatile) ±0.0059

January Spread (Stable) ±0.0013

Growth Streaks & Declines

Trends

Between July and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0007 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0007

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2022: 0.1008) against the same month in 2021 (average: 0.0944), the exchange rate shifted by +0.0063 (+6.71%).

2022 Avg (December) 0.1008

2021 Avg (December) 0.0944

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0957	0.0944	0.0951
February	0.0971	0.0951	0.0962
March	0.0983	0.0957	0.0968
April	0.0970	0.0949	0.0962
May	0.0966	0.0947	0.0956
June	0.0968	0.0946	0.0955
July	0.0987	0.0936	0.0951
August	0.0963	0.0943	0.0953
September	0.1010	0.0951	0.0966
October	0.0980	0.0936	0.0972
November	0.1006	0.0966	0.0993
December	0.1012	0.0996	0.1008