YEARLY HIGH
2.0813 CVE
YEARLY LOW
1.6709 CVE
YEARLY AVERAGE
1.9006 CVE

2022 GMD to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the GMD to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on September 27, valuing the pair at 2.0813. Conversely, the yearly low was recorded on December 12, dropping to 1.6709.

This high-to-low spread represents a total annual volatility of 0.4104 CVE. From a start-to-finish perspective, comparing the January average rate of 1.8503 to the December average rate of 1.6813, the exchange rate registered a net change of -9.13% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 2.0813 was up 10.19% compared to the 2021 peak of 1.8887, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 10,406 CVE
2021 Average 9,085 CVE
Yearly Trough Low 8,354 CVE
Transaction Impact: A difference of 2,051.97 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

2.0624
1.6467
JanuMarcMayJulySeptNove

GMD 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 1.8886, compared to 1.9126 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0240 points.

H1 Avg (Jan–Jun) 1.8886
H2 Avg (Jul–Dec) 1.9126

Volatility Range Comparison

Volatility

The most volatile month in 2022 was November, with a trading range of 0.2034 CVE (High: 1.9130 / Low: 1.7096). On the other end, December was the most stable month, with a tight range of 0.0342 CVE (High: 1.7051 / Low: 1.6709).

November Spread (Volatile) ±0.2034
December Spread (Stable) ±0.0342

Growth Streaks & Declines

Trends

Between February and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.2125 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.2125

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2022: 2.0278) against the same month in 2021 (average: 1.8257), the exchange rate shifted by +0.2021 (+11.07%).

2022 Avg (September) 2.0278
2021 Avg (September) 1.8257

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.8876 1.8225 1.8503
February 1.8569 1.8187 1.8371
March 1.9076 1.8397 1.8787
April 1.9573 1.8578 1.8918
May 1.9818 1.9064 1.9395
June 1.9617 1.9072 1.9343
July 2.0276 1.9369 1.9902
August 2.0460 1.9788 2.0105
September 2.0813 1.9398 2.0278
October 2.0531 1.9147 1.9890
November 1.9130 1.7096 1.7766
December 1.7051 1.6709 1.6813