2022 MYR to CVE Historical Review

YEARLY HIGH

24.9948 CVE

YEARLY LOW

23.0628 CVE

YEARLY AVERAGE

23.8836 CVE

2022 MYR to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the MYR to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on September 27, valuing the pair at 24.9948. Conversely, the yearly low was recorded on February 10, dropping to 23.0628.

This high-to-low spread represents a total annual volatility of 1.9320 CVE. From a start-to-finish perspective, comparing the January average rate of 23.3222 to the December average rate of 23.6507, the exchange rate registered a net change of 1.41% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 24.9948 was up 6.35% compared to the 2021 peak of 23.5026, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 20,000 MYR based on timing:

Yearly Peak High 499,896 CVE

2021 Average 451,726 CVE

Yearly Trough Low 461,257 CVE

Transaction Impact: A difference of 38,639.38 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

24.6141

23.1884

JanuMarcMayJulySeptNove

MYR 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 23.6937, compared to 24.0734 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.3797 points.

H1 Avg (Jan–Jun) 23.6937

H2 Avg (Jul–Dec) 24.0734

Volatility Range Comparison

Volatility

The most volatile month in 2022 was September, with a trading range of 1.6450 CVE (High: 24.9948 / Low: 23.3498). On the other end, February was the most stable month, with a tight range of 0.4729 CVE (High: 23.5357 / Low: 23.0628).

September Spread (Volatile) ±1.6450

February Spread (Stable) ±0.4729

Growth Streaks & Declines

Trends

Between June and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.4700 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.4700

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2022: 24.4953) against the same month in 2021 (average: 22.5388), the exchange rate shifted by +1.9565 (+8.68%).

2022 Avg (September) 24.4953

2021 Avg (September) 22.5388

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	23.6963	23.1055	23.3222
February	23.5357	23.0628	23.3072
March	24.3416	23.5092	23.9497
April	24.1707	23.5075	23.9179
May	24.2138	23.4604	23.8847
June	24.1113	23.4981	23.7804
July	24.6405	23.4468	24.2286
August	24.8685	24.1057	24.4747
September	24.9948	23.3498	24.4953
October	24.7198	23.5238	24.0307
November	23.8541	23.2133	23.5607
December	24.0419	23.4240	23.6507