YEARLY HIGH
14.9084 CVE
YEARLY LOW
12.5111 CVE
YEARLY AVERAGE
13.5554 CVE

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.

Transfer Payout Power Comparison

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

Yearly Peak High 74,542 CVE
2021 Average 60,487 CVE
Yearly Trough Low 62,556 CVE
Transaction Impact: A difference of 11,986.55 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

14.5087
12.5141
JanuMarcMayJulySeptNove

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)

Seasonal

The 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.

H1 Avg (Jan–Jun) 13.1459
H2 Avg (Jul–Dec) 13.9649

Volatility Range Comparison

Volatility

The 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).

September Spread (Volatile) ±1.0813
February Spread (Stable) ±0.3612

Growth Streaks & Declines

Trends

Between 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.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.6554

Same-Month Historical Baseline

YoY Baseline

Comparing 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%).

2022 Avg (October) 14.3425
2021 Avg (October) 12.3266

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