YEARLY HIGH
164.8449 CVE
YEARLY LOW
136.0837 CVE
YEARLY AVERAGE
148.1855 CVE

2022 JOD to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the JOD to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on October 31, valuing the pair at 164.8449. Conversely, the yearly low was recorded on February 10, dropping to 136.0837.

This high-to-low spread represents a total annual volatility of 28.7612 CVE. From a start-to-finish perspective, comparing the January average rate of 137.7924 to the December average rate of 147.1202, the exchange rate registered a net change of 6.77% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 164.8449 was up 18.20% compared to the 2021 peak of 139.4570, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 824,224 CVE
2021 Average 660,151 CVE
Yearly Trough Low 680,418 CVE
Transaction Impact: A difference of 143,805.83 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

161.1491
135.5264
JanuMarcMayJulySeptNove

JOD 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 142.7165, compared to 153.6545 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 10.9380 points.

H1 Avg (Jan–Jun) 142.7165
H2 Avg (Jul–Dec) 153.6545

Volatility Range Comparison

Volatility

The most volatile month in 2022 was September, with a trading range of 12.6234 CVE (High: 162.5529 / Low: 149.9295). On the other end, February was the most stable month, with a tight range of 3.3380 CVE (High: 139.4217 / Low: 136.0837).

September Spread (Volatile) ±12.6234
February Spread (Stable) ±3.3380

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 6.0673 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -6.0673

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2022: 159.0138) against the same month in 2021 (average: 134.5282), the exchange rate shifted by +24.4857 (+18.20%).

2022 Avg (October) 159.0138
2021 Avg (October) 134.5282

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 140.0388 136.1072 137.7924
February 139.4217 136.0837 137.6617
March 143.4062 139.0691 141.8189
April 148.6601 140.9732 143.9012
May 149.9647 145.4443 147.5866
June 149.8237 145.4520 147.5380
July 154.6007 147.1791 151.7026
August 156.6996 151.1283 154.1223
September 162.5529 149.9295 156.7804
October 164.8449 156.7701 159.0138
November 158.1100 149.2574 153.1875
December 149.8851 145.9890 147.1202