YEARLY HIGH
51.2587 CVE
YEARLY LOW
45.1627 CVE
YEARLY AVERAGE
47.9906 CVE

2022 FJD to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the FJD to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on October 31, valuing the pair at 51.2587. Conversely, the yearly low was recorded on February 10, dropping to 45.1627.

This high-to-low spread represents a total annual volatility of 6.0960 CVE. From a start-to-finish perspective, comparing the January average rate of 45.8638 to the December average rate of 47.2600, the exchange rate registered a net change of 3.04% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 51.2587 was up 10.00% compared to the 2021 peak of 46.5985, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 256,294 CVE
2021 Average 226,212 CVE
Yearly Trough Low 225,813 CVE
Transaction Impact: A difference of 30,480.09 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

50.1021
45.3029
JanuMarcMayJulySeptNove

FJD 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 47.2928, compared to 48.6883 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.3955 points.

H1 Avg (Jan–Jun) 47.2928
H2 Avg (Jul–Dec) 48.6883

Volatility Range Comparison

Volatility

The most volatile month in 2022 was September, with a trading range of 3.3978 CVE (High: 50.2219 / Low: 46.8241). On the other end, January was the most stable month, with a tight range of 1.0255 CVE (High: 46.4449 / Low: 45.4193).

September Spread (Volatile) ±3.3978
January Spread (Stable) ±1.0255

Growth Streaks & Declines

Trends

Between February and April, 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 November and December, when the average rate fell by 1.1311 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -1.1311

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2022: 48.8670) against the same month in 2021 (average: 45.6243), the exchange rate shifted by +3.2428 (+7.11%).

2022 Avg (October) 48.8670
2021 Avg (October) 45.6243

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 46.4449 45.4193 45.8638
February 46.4197 45.1627 45.7028
March 48.4070 46.3695 47.7768
April 48.7354 47.5914 48.2082
May 49.0991 47.4083 48.1326
June 48.8585 47.3617 48.0726
July 49.8230 47.6267 48.6697
August 50.9505 49.0689 49.7021
September 50.2219 46.8241 49.2398
October 51.2587 48.2867 48.8670
November 49.4674 47.4385 48.3911
December 48.4134 46.5335 47.2600