YEARLY HIGH
0.8828 CVE
YEARLY LOW
0.7819 CVE
YEARLY AVERAGE
0.8359 CVE

2022 NPR to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the NPR to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on September 27, valuing the pair at 0.8828. Conversely, the yearly low was recorded on December 27, dropping to 0.7819.

This high-to-low spread represents a total annual volatility of 0.1008 CVE. From a start-to-finish perspective, comparing the January average rate of 0.8205 to the December average rate of 0.7910, the exchange rate registered a net change of -3.60% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.8828 was up 6.22% compared to the 2021 peak of 0.8311, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 4,414 CVE
2021 Average 3,960 CVE
Yearly Trough Low 3,910 CVE
Transaction Impact: A difference of 504.19 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.8748
0.7834
JanuMarcMayJulySeptNove

NPR 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 0.8301, compared to 0.8417 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0116 points.

H1 Avg (Jan–Jun) 0.8301
H2 Avg (Jul–Dec) 0.8417

Volatility Range Comparison

Volatility

The most volatile month in 2022 was September, with a trading range of 0.0521 CVE (High: 0.8828 / Low: 0.8306). On the other end, March was the most stable month, with a tight range of 0.0164 CVE (High: 0.8307 / Low: 0.8143).

September Spread (Volatile) ±0.0521
March Spread (Stable) ±0.0164

Growth Streaks & Declines

Trends

Between February and May, 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 November and December, when the average rate fell by 0.0405 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0405

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2022: 0.8672) against the same month in 2021 (average: 0.7981), the exchange rate shifted by +0.0691 (+8.66%).

2022 Avg (September) 0.8672
2021 Avg (September) 0.7981

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.8298 0.8102 0.8205
February 0.8268 0.8030 0.8141
March 0.8307 0.8143 0.8247
April 0.8622 0.8234 0.8367
May 0.8624 0.8300 0.8468
June 0.8508 0.8262 0.8376
July 0.8588 0.8220 0.8458
August 0.8693 0.8420 0.8582
September 0.8828 0.8306 0.8672
October 0.8815 0.8401 0.8562
November 0.8598 0.8095 0.8316
December 0.8180 0.7819 0.7910