2022 PGK to CVE Historical Review

YEARLY HIGH

33.1438 CVE

YEARLY LOW

27.3011 CVE

YEARLY AVERAGE

29.7908 CVE

2022 PGK to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the PGK to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on October 31, valuing the pair at 33.1438. Conversely, the yearly low was recorded on February 12, dropping to 27.3011.

This high-to-low spread represents a total annual volatility of 5.8428 CVE. From a start-to-finish perspective, comparing the January average rate of 27.7297 to the December average rate of 29.5931, the exchange rate registered a net change of 6.72% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 33.1438 was up 18.28% compared to the 2021 peak of 28.0212, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 165,719 CVE

2021 Average 132,644 CVE

Yearly Trough Low 136,505 CVE

Transaction Impact: A difference of 29,213.76 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

32.4310

27.3023

JanuMarcMayJulySeptNove

PGK 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 28.6892, compared to 30.8924 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.2032 points.

H1 Avg (Jan–Jun) 28.6892

H2 Avg (Jul–Dec) 30.8924

Volatility Range Comparison

Volatility

The most volatile month in 2022 was September, with a trading range of 2.5345 CVE (High: 32.7183 / Low: 30.1838). On the other end, February was the most stable month, with a tight range of 0.8212 CVE (High: 28.1223 / Low: 27.3011).

September Spread (Volatile) ±2.5345

February Spread (Stable) ±0.8212

Growth Streaks & Declines

Trends

Between January and May, 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 1.2655 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -1.2655

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2022: 32.0036) against the same month in 2021 (average: 27.0459), the exchange rate shifted by +4.9577 (+18.33%).

2022 Avg (October) 32.0036

2021 Avg (October) 27.0459

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	28.2870	27.3059	27.7297
February	28.1223	27.3011	27.7300
March	28.9373	28.0944	28.5580
April	29.9711	28.3941	28.9805
May	30.2418	28.9713	29.6699
June	30.0273	28.8983	29.4671
July	31.0707	29.5739	30.3226
August	31.6074	30.4087	31.0080
September	32.7183	30.1838	31.5685
October	33.1438	31.5303	32.0036
November	32.0004	30.0470	30.8586
December	30.1869	29.0771	29.5931