YEARLY HIGH
0.0028 CVE
YEARLY LOW
0.0023 CVE
YEARLY AVERAGE
0.0025 CVE

2022 IRR to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the IRR to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on October 31, valuing the pair at 0.0028. Conversely, the yearly low was recorded on February 10, dropping to 0.0023.

This high-to-low spread represents a total annual volatility of 0.0005 CVE. From a start-to-finish perspective, comparing the January average rate of 0.0023 to the December average rate of 0.0025, the exchange rate registered a net change of 8.20% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.0028 was up 17.79% compared to the 2021 peak of 0.0023, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 14 CVE
2021 Average 11 CVE
Yearly Trough Low 11 CVE
Transaction Impact: A difference of 2.37 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.0027
0.0023
JanuMarcMayJulySeptNove

IRR 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 0.0024, compared to 0.0026 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) 0.0024
H2 Avg (Jul–Dec) 0.0026

Volatility Range Comparison

Volatility

The most volatile month in 2022 was September, with a trading range of 0.0002 CVE (High: 0.0027 / Low: 0.0025). On the other end, February was the most stable month, with a tight range of 0.0001 CVE (High: 0.0023 / Low: 0.0023).

September Spread (Volatile) ±0.0002
February Spread (Stable) ±0.0001

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 0.0001 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2022: 0.0027) against the same month in 2021 (average: 0.0023), the exchange rate shifted by +0.0004 (+17.84%).

2022 Avg (October) 0.0027
2021 Avg (October) 0.0023

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0023 0.0023 0.0023
February 0.0023 0.0023 0.0023
March 0.0024 0.0023 0.0024
April 0.0025 0.0024 0.0024
May 0.0025 0.0024 0.0025
June 0.0025 0.0024 0.0025
July 0.0026 0.0025 0.0025
August 0.0026 0.0025 0.0026
September 0.0027 0.0025 0.0026
October 0.0028 0.0026 0.0027
November 0.0027 0.0025 0.0026
December 0.0025 0.0025 0.0025