2022 HKD to CVE Historical Review

YEARLY HIGH

14.8891 CVE

YEARLY LOW

12.3748 CVE

YEARLY AVERAGE

13.4172 CVE

2022 HKD to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the HKD to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on October 31, valuing the pair at 14.8891. Conversely, the yearly low was recorded on February 10, dropping to 12.3748.

This high-to-low spread represents a total annual volatility of 2.5143 CVE. From a start-to-finish perspective, comparing the January average rate of 12.5385 to the December average rate of 13.3968, the exchange rate registered a net change of 6.84% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 14.8891 was up 17.40% compared to the 2021 peak of 12.6819, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 25,000 HKD based on timing:

Yearly Peak High 372,228 CVE

2021 Average 301,064 CVE

Yearly Trough Low 309,370 CVE

Transaction Impact: A difference of 62,858.16 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

14.5488

12.3294

JanuMarcMayJulySeptNove

HKD 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 12.9302, compared to 13.9041 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.9740 points.

H1 Avg (Jan–Jun) 12.9302

H2 Avg (Jul–Dec) 13.9041

Volatility Range Comparison

Volatility

The most volatile month in 2022 was September, with a trading range of 1.1399 CVE (High: 14.6816 / Low: 13.5418). On the other end, February was the most stable month, with a tight range of 0.2861 CVE (High: 12.6609 / Low: 12.3748).

September Spread (Volatile) ±1.1399

February Spread (Stable) ±0.2861

Growth Streaks & Declines

Trends

Between June and October, 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 October and November, when the average rate fell by 0.4920 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.4920

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2022: 14.3638) against the same month in 2021 (average: 12.2600), the exchange rate shifted by +2.1039 (+17.16%).

2022 Avg (October) 14.3638

2021 Avg (October) 12.2600

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	12.7407	12.3911	12.5385
February	12.6609	12.3748	12.5144
March	13.0047	12.6149	12.8528
April	13.4323	12.7587	13.0124
May	13.5445	13.1378	13.3316
June	13.5319	13.1527	13.3314
July	13.9635	13.2930	13.7034
August	14.1590	13.6617	13.9271
September	14.6816	13.5418	14.1619
October	14.8891	14.1600	14.3638
November	14.2804	13.5426	13.8718
December	13.6657	13.2530	13.3968