YEARLY HIGH
116.8750 CVE
YEARLY LOW
96.4833 CVE
YEARLY AVERAGE
105.0732 CVE

2022 MRO to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the MRO to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on October 31, valuing the pair at 116.8750. Conversely, the yearly low was recorded on February 10, dropping to 96.4833.

This high-to-low spread represents a total annual volatility of 20.3917 CVE. From a start-to-finish perspective, comparing the January average rate of 97.6979 to the December average rate of 104.3552, the exchange rate registered a net change of 6.81% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 116.8750 was up 19.38% compared to the 2021 peak of 97.9000, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 584,375 CVE
2021 Average 13,332 CVE
Yearly Trough Low 482,417 CVE
Transaction Impact: A difference of 101,958.33 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

114.2668
96.0898
JanuMarcMayJulySeptNove

MRO 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 101.1936, compared to 108.9528 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 7.7593 points.

H1 Avg (Jan–Jun) 101.1936
H2 Avg (Jul–Dec) 108.9528

Volatility Range Comparison

Volatility

The most volatile month in 2022 was September, with a trading range of 8.9500 CVE (High: 115.2500 / Low: 106.3000). On the other end, February was the most stable month, with a tight range of 2.3667 CVE (High: 98.8500 / Low: 96.4833).

September Spread (Volatile) ±8.9500
February Spread (Stable) ±2.3667

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 4.2634 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -4.2634

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2022: 112.7521) against the same month in 2021 (average: 0.2672), the exchange rate shifted by +112.4849 (+42102.01%).

2022 Avg (October) 112.7521
2021 Avg (October) 0.2672

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 99.2875 96.5000 97.6979
February 98.8500 96.4833 97.6046
March 101.6750 98.6000 100.5537
April 105.4000 99.9500 102.0371
May 106.3250 103.1200 104.6403
June 106.2250 103.1800 104.6278
July 109.6119 104.3500 107.5572
August 111.1000 107.1500 109.2727
September 115.2500 106.3000 111.1610
October 116.8750 111.1500 112.7521
November 112.1000 105.8235 108.6186
December 106.3135 103.5500 104.3552