YEARLY HIGH
24.6788 CVE
YEARLY LOW
21.8618 CVE
YEARLY AVERAGE
23.6057 CVE

2022 PLN to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the PLN to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on February 3, valuing the pair at 24.6788. Conversely, the yearly low was recorded on September 21, dropping to 21.8618.

This high-to-low spread represents a total annual volatility of 2.8170 CVE. From a start-to-finish perspective, comparing the January average rate of 24.2878 to the December average rate of 23.6181, the exchange rate registered a net change of -2.76% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 24.6788 was down 2.83% compared to the 2021 peak of 25.3964, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 493,576 CVE
2021 Average 484,929 CVE
Yearly Trough Low 437,237 CVE
Transaction Impact: A difference of 56,339.77 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

24.4132
22.9085
JanuMarcMayJulySeptNove

PLN 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 23.8636, compared to 23.3479 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.5158 points.

H1 Avg (Jan–Jun) 23.8636
H2 Avg (Jul–Dec) 23.3479

Volatility Range Comparison

Volatility

The most volatile month in 2022 was October, with a trading range of 1.8975 CVE (High: 24.4981 / Low: 22.6006). On the other end, January was the most stable month, with a tight range of 0.5646 CVE (High: 24.5715 / Low: 24.0069).

October Spread (Volatile) ±1.8975
January Spread (Stable) ±0.5646

Growth Streaks & Declines

Trends

Between March and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.9674 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.9674

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2022: 24.2602) against the same month in 2021 (average: 24.6301), the exchange rate shifted by -0.3698 (-1.50%).

2022 Avg (February) 24.2602
2021 Avg (February) 24.6301

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 24.5715 24.0069 24.2878
February 24.6788 23.5052 24.2602
March 23.9128 22.1759 23.2928
April 23.9579 23.1062 23.7337
May 24.2764 23.3763 23.8078
June 24.2341 23.3462 23.7995
July 23.3975 22.4988 23.0339
August 23.8641 23.0102 23.4433
September 23.7240 21.8618 23.2427
October 24.4981 22.6006 23.1069
November 24.3833 23.2706 23.6422
December 23.8679 23.2840 23.6181