YEARLY HIGH
0.0769 CVE
YEARLY LOW
0.0637 CVE
YEARLY AVERAGE
0.0693 CVE

2022 LBP to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the LBP to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on October 31, valuing the pair at 0.0769. Conversely, the yearly low was recorded on February 10, dropping to 0.0637.

This high-to-low spread represents a total annual volatility of 0.0133 CVE. From a start-to-finish perspective, comparing the January average rate of 0.0646 to the December average rate of 0.0687, the exchange rate registered a net change of 6.33% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.0769 was up 17.63% compared to the 2021 peak of 0.0654, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 385 CVE
2021 Average 308 CVE
Yearly Trough Low 318 CVE
Transaction Impact: A difference of 66.26 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.0752
0.0635
JanuMarcMayJulySeptNove

LBP 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 0.0668, compared to 0.0719 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0051 points.

H1 Avg (Jan–Jun) 0.0668
H2 Avg (Jul–Dec) 0.0719

Volatility Range Comparison

Volatility

The most volatile month in 2022 was September, with a trading range of 0.0062 CVE (High: 0.0763 / Low: 0.0701). On the other end, January was the most stable month, with a tight range of 0.0018 CVE (High: 0.0657 / Low: 0.0639).

September Spread (Volatile) ±0.0062
January Spread (Stable) ±0.0018

Growth Streaks & Declines

Trends

Between February and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0029 points.

Longest Streak 8 Mo.
Sharpest MoM Drop -0.0029

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2022: 0.0742) against the same month in 2021 (average: 0.0626), the exchange rate shifted by +0.0116 (+18.49%).

2022 Avg (October) 0.0742
2021 Avg (October) 0.0626

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0657 0.0639 0.0646
February 0.0659 0.0637 0.0645
March 0.0680 0.0652 0.0664
April 0.0693 0.0661 0.0673
May 0.0702 0.0676 0.0689
June 0.0703 0.0681 0.0690
July 0.0725 0.0687 0.0712
August 0.0731 0.0707 0.0720
September 0.0763 0.0701 0.0735
October 0.0769 0.0730 0.0742
November 0.0746 0.0697 0.0716
December 0.0701 0.0679 0.0687