2022 CVE to PKR Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2022.
2022 CVE to PKR Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2022
During 2022, the CVE to PKR exchange rate experienced significant fluctuation. The market reached its absolute peak on July 31, valuing the pair at 2.2914. Conversely, the yearly low was recorded on March 7, dropping to 1.7499.
This high-to-low spread represents a total annual volatility of 0.5415 PKR. From a start-to-finish perspective, comparing the January average rate of 1.8071 to the December average rate of 2.1585, the exchange rate registered a net change of 19.44% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2022 high of 2.2914 was up 24.79% compared to the 2021 peak of 1.8362, 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 PKR 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 1.8367, compared to 2.0481 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2114 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2022 was July, with a trading range of 0.3905 PKR (High: 2.2914 / Low: 1.9009). On the other end, February was the most stable month, with a tight range of 0.0394 PKR (High: 1.8123 / Low: 1.7729).
Growth Streaks & Declines
TrendsBetween March and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.1128 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (July 2022: 2.0262) against the same month in 2021 (average: 1.7081), the exchange rate shifted by +0.3181 (+18.62%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 1.8282 | 1.7788 | 1.8071 |
| February | 1.8123 | 1.7729 | 1.7996 |
| March | 1.8394 | 1.7499 | 1.7904 |
| April | 1.8480 | 1.7618 | 1.8110 |
| May | 1.9608 | 1.7642 | 1.8552 |
| June | 2.0167 | 1.9077 | 1.9569 |
| July | 2.2914 | 1.9009 | 2.0262 |
| August | 2.2193 | 1.9557 | 2.0209 |
| September | 2.2571 | 1.9610 | 2.0739 |
| October | 2.0289 | 1.8878 | 1.9611 |
| November | 2.1211 | 1.9687 | 2.0483 |
| December | 2.1878 | 2.1037 | 2.1585 |