YEARLY HIGH
0.0076 CVE
YEARLY LOW
0.0066 CVE
YEARLY AVERAGE
0.0071 CVE

2022 IDR to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the IDR to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on September 27, valuing the pair at 0.0076. Conversely, the yearly low was recorded on December 28, dropping to 0.0066.

This high-to-low spread represents a total annual volatility of 0.0010 CVE. From a start-to-finish perspective, comparing the January average rate of 0.0068 to the December average rate of 0.0067, the exchange rate registered a net change of -1.67% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.0076 was up 9.76% compared to the 2021 peak of 0.0069, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 10,000,000 IDR based on timing:

Yearly Peak High 75,963 CVE
2021 Average 65,428 CVE
Yearly Trough Low 65,769 CVE
Transaction Impact: A difference of 10,194.77 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.0075
0.0066
JanuMarcMayJulySeptNove

IDR 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 0.0070, compared to 0.0072 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.0070
H2 Avg (Jul–Dec) 0.0072

Volatility Range Comparison

Volatility

The most volatile month in 2022 was September, with a trading range of 0.0005 CVE (High: 0.0076 / Low: 0.0071). On the other end, January was the most stable month, with a tight range of 0.0002 CVE (High: 0.0069 / Low: 0.0067).

September Spread (Volatile) ±0.0005
January Spread (Stable) ±0.0002

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 0.0004 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0004

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2022: 0.0074) against the same month in 2021 (average: 0.0066), the exchange rate shifted by +0.0008 (+12.60%).

2022 Avg (September) 0.0074
2021 Avg (September) 0.0066

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0069 0.0067 0.0068
February 0.0069 0.0067 0.0068
March 0.0071 0.0068 0.0070
April 0.0073 0.0070 0.0071
May 0.0073 0.0070 0.0072
June 0.0072 0.0070 0.0071
July 0.0073 0.0070 0.0072
August 0.0075 0.0072 0.0074
September 0.0076 0.0071 0.0074
October 0.0075 0.0071 0.0073
November 0.0071 0.0067 0.0069
December 0.0069 0.0066 0.0067