2022 PEN to CVE Historical Review

YEARLY HIGH

29.3662 CVE

YEARLY LOW

24.3689 CVE

YEARLY AVERAGE

27.4120 CVE

2022 PEN to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the PEN to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on October 31, valuing the pair at 29.3662. Conversely, the yearly low was recorded on January 2, dropping to 24.3689.

This high-to-low spread represents a total annual volatility of 4.9973 CVE. From a start-to-finish perspective, comparing the January average rate of 25.0979 to the December average rate of 27.2771, the exchange rate registered a net change of 8.68% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 29.3662 was up 13.21% compared to the 2021 peak of 25.9401, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 146,831 CVE

2021 Average 120,753 CVE

Yearly Trough Low 121,845 CVE

Transaction Impact: A difference of 24,986.26 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

28.9413

24.7485

JanuMarcMayJulySeptNove

PEN 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 26.8079, compared to 28.0162 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.2083 points.

H1 Avg (Jan–Jun) 26.8079

H2 Avg (Jul–Dec) 28.0162

Volatility Range Comparison

Volatility

The most volatile month in 2022 was September, with a trading range of 2.0526 CVE (High: 29.2699 / Low: 27.2173). On the other end, December was the most stable month, with a tight range of 0.7934 CVE (High: 27.8344 / Low: 27.0410).

September Spread (Volatile) ±2.0526

December Spread (Stable) ±0.7934

Growth Streaks & Declines

Trends

Between January and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.7583 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.7583

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2022: 28.3645) against the same month in 2021 (average: 23.7429), the exchange rate shifted by +4.6217 (+19.47%).

2022 Avg (October) 28.3645

2021 Avg (October) 23.7429

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	25.8568	24.3689	25.0979
February	26.2541	25.1753	25.7467
March	27.3599	26.0474	26.8875
April	27.7363	26.9272	27.3028
May	28.2457	27.2613	27.8785
June	28.5312	27.4484	27.9338
July	28.0848	26.5474	27.6106
August	29.0230	27.4806	28.2176
September	29.2699	27.2173	28.5919
October	29.3662	27.8986	28.3645
November	28.6326	27.4495	28.0354
December	27.8344	27.0410	27.2771