2022 GNF to CVE Historical Review

YEARLY HIGH

0.0135 CVE

YEARLY LOW

0.0105 CVE

YEARLY AVERAGE

0.0119 CVE

2022 GNF to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the GNF to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on October 31, valuing the pair at 0.0135. Conversely, the yearly low was recorded on January 1, dropping to 0.0105.

This high-to-low spread represents a total annual volatility of 0.0030 CVE. From a start-to-finish perspective, comparing the January average rate of 0.0107 to the December average rate of 0.0120, the exchange rate registered a net change of 11.72% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.0135 was up 27.63% compared to the 2021 peak of 0.0106, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 67 CVE

2021 Average 48 CVE

Yearly Trough Low 52 CVE

Transaction Impact: A difference of 15.17 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.0132

0.0105

JanuMarcMayJulySeptNove

GNF 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 0.0113, compared to 0.0125 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0012 points.

H1 Avg (Jan–Jun) 0.0113

H2 Avg (Jul–Dec) 0.0125

Volatility Range Comparison

Volatility

The most volatile month in 2022 was September, with a trading range of 0.0011 CVE (High: 0.0133 / Low: 0.0122). On the other end, March was the most stable month, with a tight range of 0.0004 CVE (High: 0.0113 / Low: 0.0110).

September Spread (Volatile) ±0.0011

March Spread (Stable) ±0.0004

Growth Streaks & Declines

Trends

Between January and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 9 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0005 points.

Longest Streak 9 Mo.

Sharpest MoM Drop -0.0005

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2022: 0.0130) against the same month in 2021 (average: 0.0098), the exchange rate shifted by +0.0032 (+32.19%).

2022 Avg (October) 0.0130

2021 Avg (October) 0.0098

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0110	0.0105	0.0107
February	0.0111	0.0106	0.0108
March	0.0113	0.0110	0.0112
April	0.0119	0.0112	0.0115
May	0.0121	0.0117	0.0119
June	0.0122	0.0116	0.0119
July	0.0127	0.0118	0.0124
August	0.0128	0.0123	0.0126
September	0.0133	0.0122	0.0128
October	0.0135	0.0128	0.0130
November	0.0131	0.0121	0.0125
December	0.0122	0.0118	0.0120