2022 MAD to CVE Historical Review

YEARLY HIGH

10.6886 CVE

YEARLY LOW

9.8824 CVE

YEARLY AVERAGE

10.3512 CVE

2022 MAD to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the MAD to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on October 31, valuing the pair at 10.6886. Conversely, the yearly low was recorded on December 21, dropping to 9.8824.

This high-to-low spread represents a total annual volatility of 0.8062 CVE. From a start-to-finish perspective, comparing the January average rate of 10.5163 to the December average rate of 9.9224, the exchange rate registered a net change of -5.65% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 10.6886 was down 0.80% compared to the 2021 peak of 10.7745, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 53,443 CVE

2021 Average 52,053 CVE

Yearly Trough Low 49,412 CVE

Transaction Impact: A difference of 4,030.76 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

10.5756

9.8630

JanuMarcMayJulySeptNove

MAD 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 10.4280, compared to 10.2745 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1535 points.

H1 Avg (Jan–Jun) 10.4280

H2 Avg (Jul–Dec) 10.2745

Volatility Range Comparison

Volatility

The most volatile month in 2022 was September, with a trading range of 0.6187 CVE (High: 10.5165 / Low: 9.8977). On the other end, January was the most stable month, with a tight range of 0.1461 CVE (High: 10.5924 / Low: 10.4463).

September Spread (Volatile) ±0.6187

January Spread (Stable) ±0.1461

Growth Streaks & Declines

Trends

Between March and July, 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 0.2150 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.2150

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2022: 10.2906) against the same month in 2021 (average: 10.5337), the exchange rate shifted by -0.2431 (-2.31%).

2022 Avg (October) 10.2906

2021 Avg (October) 10.5337

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	10.5924	10.4463	10.5163
February	10.5119	10.3021	10.3957
March	10.4451	10.1775	10.3308
April	10.5424	10.3040	10.3904
May	10.5623	10.3476	10.4624
June	10.5738	10.3254	10.4724
July	10.6871	10.1333	10.5125
August	10.6060	10.3881	10.4967
September	10.5165	9.8977	10.3490
October	10.6886	10.2027	10.2906
November	10.3492	9.9405	10.0756
December	10.0409	9.8824	9.9224