YEARLY HIGH
0.0800 CVE
YEARLY LOW
0.0661 CVE
YEARLY AVERAGE
0.0720 CVE

2022 IQD to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the IQD to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on October 31, valuing the pair at 0.0800. Conversely, the yearly low was recorded on January 13, dropping to 0.0661.

This high-to-low spread represents a total annual volatility of 0.0140 CVE. From a start-to-finish perspective, comparing the January average rate of 0.0669 to the December average rate of 0.0715, the exchange rate registered a net change of 6.74% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.0800 was up 17.99% compared to the 2021 peak of 0.0678, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 400 CVE
2021 Average 321 CVE
Yearly Trough Low 330 CVE
Transaction Impact: A difference of 69.76 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.0783
0.0658
JanuMarcMayJulySeptNove

IQD 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 0.0693, compared to 0.0747 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0054 points.

H1 Avg (Jan–Jun) 0.0693
H2 Avg (Jul–Dec) 0.0747

Volatility Range Comparison

Volatility

The most volatile month in 2022 was September, with a trading range of 0.0062 CVE (High: 0.0789 / Low: 0.0728). On the other end, December was the most stable month, with a tight range of 0.0019 CVE (High: 0.0728 / Low: 0.0709).

September Spread (Volatile) ±0.0062
December Spread (Stable) ±0.0019

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 November and December, when the average rate fell by 0.0030 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0030

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2022: 0.0773) against the same month in 2021 (average: 0.0653), the exchange rate shifted by +0.0119 (+18.23%).

2022 Avg (October) 0.0773
2021 Avg (October) 0.0653

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0681 0.0661 0.0669
February 0.0682 0.0661 0.0669
March 0.0697 0.0676 0.0688
April 0.0722 0.0685 0.0698
May 0.0729 0.0706 0.0717
June 0.0728 0.0706 0.0716
July 0.0752 0.0714 0.0738
August 0.0761 0.0734 0.0748
September 0.0789 0.0728 0.0762
October 0.0800 0.0761 0.0773
November 0.0773 0.0725 0.0745
December 0.0728 0.0709 0.0715