YEARLY HIGH
15.5171 CVE
YEARLY LOW
14.0534 CVE
YEARLY AVERAGE
14.8556 CVE

2022 DKK to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the DKK to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on October 31, valuing the pair at 15.5171. Conversely, the yearly low was recorded on September 21, dropping to 14.0534.

This high-to-low spread represents a total annual volatility of 1.4637 CVE. From a start-to-finish perspective, comparing the January average rate of 14.8632 to the December average rate of 14.8580, the exchange rate registered a net change of -0.03% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 15.5171 was up 0.92% compared to the 2021 peak of 15.3753, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 DKK based on timing:

Yearly Peak High 77,586 CVE
2021 Average 74,408 CVE
Yearly Trough Low 70,267 CVE
Transaction Impact: A difference of 7,318.41 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

14.9406
14.7157
JanuMarcMayJulySeptNove

DKK to CVE 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 14.8630, compared to 14.8482 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0148 points.

H1 Avg (Jan–Jun) 14.8630
H2 Avg (Jul–Dec) 14.8482

Volatility Range Comparison

Volatility

The most volatile month in 2022 was September, with a trading range of 1.1303 CVE (High: 15.1837 / Low: 14.0534). On the other end, August was the most stable month, with a tight range of 0.2689 CVE (High: 14.9977 / Low: 14.7287).

September Spread (Volatile) ±1.1303
August Spread (Stable) ±0.2689

Growth Streaks & Declines

Trends

Between September and November, 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 June and July, when the average rate fell by 0.1260 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.1260

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2022: 14.9068) against the same month in 2021 (average: 14.8683), the exchange rate shifted by +0.0385 (+0.26%).

2022 Avg (October) 14.9068
2021 Avg (October) 14.8683

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 14.9823 14.7070 14.8632
February 15.0609 14.6930 14.8760
March 15.1130 14.6966 14.8726
April 14.9483 14.6561 14.8330
May 14.9941 14.6631 14.8730
June 15.0509 14.6510 14.8604
July 14.9934 14.3119 14.7344
August 14.9977 14.7287 14.8613
September 15.1837 14.0534 14.8069
October 15.5171 14.7678 14.9068
November 15.3546 14.6868 14.9218
December 15.0500 14.7519 14.8580