YEARLY HIGH
0.0389 SAR
YEARLY LOW
0.0321 SAR
YEARLY AVERAGE
0.0358 SAR

2022 CVE to SAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the CVE to SAR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 13, valuing the pair at 0.0389. Conversely, the yearly low was recorded on October 31, dropping to 0.0321.

This high-to-low spread represents a total annual volatility of 0.0067 SAR. From a start-to-finish perspective, comparing the January average rate of 0.0384 to the December average rate of 0.0360, the exchange rate registered a net change of -6.20% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.0389 was down 6.57% compared to the 2021 peak of 0.0416, 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 194 SAR
2021 Average 200 SAR
Yearly Trough Low 161 SAR
Transaction Impact: A difference of 33.70 SAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.0390
0.0328
JanuMarcMayJulySeptNove

CVE to SAR 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 0.0371, compared to 0.0345 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0026 points.

H1 Avg (Jan–Jun) 0.0371
H2 Avg (Jul–Dec) 0.0345

Volatility Range Comparison

Volatility

The most volatile month in 2022 was September, with a trading range of 0.0028 SAR (High: 0.0354 / Low: 0.0326). On the other end, February was the most stable month, with a tight range of 0.0009 SAR (High: 0.0389 / Low: 0.0380).

September Spread (Volatile) ±0.0028
February Spread (Stable) ±0.0009

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 0.0011 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0011

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2022: 0.0384) against the same month in 2021 (average: 0.0412), the exchange rate shifted by -0.0028 (-6.84%).

2022 Avg (January) 0.0384
2021 Avg (January) 0.0412

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0389 0.0378 0.0384
February 0.0389 0.0380 0.0384
March 0.0380 0.0369 0.0373
April 0.0375 0.0356 0.0368
May 0.0364 0.0353 0.0359
June 0.0363 0.0353 0.0359
July 0.0360 0.0343 0.0349
August 0.0351 0.0338 0.0344
September 0.0354 0.0326 0.0338
October 0.0338 0.0321 0.0333
November 0.0355 0.0335 0.0346
December 0.0363 0.0354 0.0360