YEARLY HIGH
34.1608 CVE
YEARLY LOW
29.3564 CVE
YEARLY AVERAGE
31.2910 CVE

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.

Transfer Payout Power Comparison

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

Yearly Peak High 170,804 CVE
2021 Average 144,917 CVE
Yearly Trough Low 146,782 CVE
Transaction Impact: A difference of 24,021.85 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

33.5106
29.8971
JanuMarcMayJulySeptNove

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)

Seasonal

The 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.

H1 Avg (Jan–Jun) 30.9403
H2 Avg (Jul–Dec) 31.6416

Volatility Range Comparison

Volatility

The 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).

July Spread (Volatile) ±2.2766
April Spread (Stable) ±0.6871

Growth Streaks & Declines

Trends

Between 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.

Longest Streak 2 Mo.
Sharpest MoM Drop -1.0835

Same-Month Historical Baseline

YoY Baseline

Comparing 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%).

2022 Avg (August) 33.2095
2021 Avg (August) 29.0865

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