2022 GTQ to CVE Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2022.
2022 GTQ to CVE Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2022
During 2022, the GTQ to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on October 31, valuing the pair at 14.9084. Conversely, the yearly low was recorded on January 13, dropping to 12.5111.
This high-to-low spread represents a total annual volatility of 2.3973 CVE. From a start-to-finish perspective, comparing the January average rate of 12.6803 to the December average rate of 13.2605, the exchange rate registered a net change of 4.58% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2022 high of 14.9084 was up 16.64% compared to the 2021 peak of 12.7811, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 GTQ based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2022.
GTQ to CVE Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 13.1459, compared to 13.9649 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.8190 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2022 was September, with a trading range of 1.0813 CVE (High: 14.6903 / Low: 13.6090). On the other end, February was the most stable month, with a tight range of 0.3612 CVE (High: 12.9077 / Low: 12.5464).
Growth Streaks & Declines
TrendsBetween January and May, 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 0.6554 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (October 2022: 14.3425) against the same month in 2021 (average: 12.3266), the exchange rate shifted by +2.0159 (+16.35%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 12.9291 | 12.5111 | 12.6803 |
| February | 12.9077 | 12.5464 | 12.6811 |
| March | 13.2090 | 12.7761 | 13.0508 |
| April | 13.7709 | 13.0080 | 13.2894 |
| May | 13.8691 | 13.4313 | 13.6441 |
| June | 13.7445 | 13.3802 | 13.5294 |
| July | 14.1710 | 13.4662 | 13.8955 |
| August | 14.3475 | 13.8469 | 14.1122 |
| September | 14.6903 | 13.6090 | 14.2625 |
| October | 14.9084 | 14.0726 | 14.3425 |
| November | 14.4200 | 13.5122 | 13.9159 |
| December | 13.5738 | 13.1679 | 13.2605 |