2022 ILS to CVE Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2022.
2022 ILS to CVE Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2022
During 2022, the ILS to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on August 26, valuing the pair at 34.1608. Conversely, the yearly low was recorded on December 28, dropping to 29.3564.
This high-to-low spread represents a total annual volatility of 4.8044 CVE. From a start-to-finish perspective, comparing the January average rate of 31.1533 to the December average rate of 30.1983, the exchange rate registered a net change of -3.07% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2022 high of 34.1608 was up 7.24% compared to the 2021 peak of 31.8535, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 ILS based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2022.
ILS 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 30.9403, compared to 31.6416 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.7013 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2022 was July, with a trading range of 2.2766 CVE (High: 31.9588 / Low: 29.6822). On the other end, April was the most stable month, with a tight range of 0.6871 CVE (High: 31.7903 / Low: 31.1033).
Growth Streaks & Declines
TrendsBetween February and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 1.0835 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (August 2022: 33.2095) against the same month in 2021 (average: 29.0865), the exchange rate shifted by +4.1230 (+14.18%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 31.8068 | 30.7364 | 31.1533 |
| February | 31.0291 | 29.7624 | 30.3534 |
| March | 31.3269 | 30.4685 | 31.0096 |
| April | 31.7903 | 31.1033 | 31.4551 |
| May | 31.3837 | 30.3655 | 30.9743 |
| June | 31.1644 | 29.9842 | 30.6962 |
| July | 31.9588 | 29.6822 | 31.0754 |
| August | 34.1608 | 32.0410 | 33.2095 |
| September | 32.9220 | 30.7120 | 32.2471 |
| October | 33.2094 | 31.4540 | 31.8376 |
| November | 32.2869 | 30.7892 | 31.2818 |
| December | 31.3373 | 29.3564 | 30.1983 |