2022 ETB to CVE Historical Review

YEARLY HIGH

2.1890 CVE

YEARLY LOW

1.9114 CVE

YEARLY AVERAGE

2.0226 CVE

2022 ETB to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the ETB to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on October 31, valuing the pair at 2.1890. Conversely, the yearly low was recorded on February 10, dropping to 1.9114.

This high-to-low spread represents a total annual volatility of 0.2777 CVE. From a start-to-finish perspective, comparing the January average rate of 1.9701 to the December average rate of 1.9492, the exchange rate registered a net change of -1.06% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 2.1890 was down 6.58% compared to the 2021 peak of 2.3433, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 10,945 CVE

2021 Average 10,692 CVE

Yearly Trough Low 9,557 CVE

Transaction Impact: A difference of 1,388.31 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

2.1551

1.9126

JanuMarcMayJulySeptNove

ETB 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 1.9823, compared to 2.0629 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0806 points.

H1 Avg (Jan–Jun) 1.9823

H2 Avg (Jul–Dec) 2.0629

Volatility Range Comparison

Volatility

The most volatile month in 2022 was September, with a trading range of 0.1750 CVE (High: 2.1859 / Low: 2.0108). On the other end, January was the most stable month, with a tight range of 0.0501 CVE (High: 1.9957 / Low: 1.9456).

September Spread (Volatile) ±0.1750

January Spread (Stable) ±0.0501

Growth Streaks & Declines

Trends

Between June and October, 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 November and December, when the average rate fell by 0.0948 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0948

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2022: 2.1349) against the same month in 2021 (average: 2.0395), the exchange rate shifted by +0.0954 (+4.68%).

2022 Avg (October) 2.1349

2021 Avg (October) 2.0395

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.9957	1.9456	1.9701
February	1.9717	1.9114	1.9328
March	1.9971	1.9272	1.9658
April	2.0409	1.9477	1.9853
May	2.0641	1.9908	2.0265
June	2.0419	1.9837	2.0131
July	2.1014	1.9884	2.0576
August	2.1202	2.0417	2.0803
September	2.1859	2.0108	2.1112
October	2.1890	2.0936	2.1349
November	2.1113	1.9859	2.0440
December	1.9903	1.9301	1.9492