YEARLY HIGH
32.0997 CVE
YEARLY LOW
26.4991 CVE
YEARLY AVERAGE
28.8368 CVE

2022 QAR to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the QAR to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on October 31, valuing the pair at 32.0997. Conversely, the yearly low was recorded on February 10, dropping to 26.4991.

This high-to-low spread represents a total annual volatility of 5.6006 CVE. From a start-to-finish perspective, comparing the January average rate of 26.8331 to the December average rate of 28.6233, the exchange rate registered a net change of 6.67% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 32.0997 was up 18.20% compared to the 2021 peak of 27.1560, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 160,498 CVE
2021 Average 128,436 CVE
Yearly Trough Low 132,496 CVE
Transaction Impact: A difference of 28,002.84 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

31.3677
26.3870
JanuMarcMayJulySeptNove

QAR 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 27.7825, compared to 29.8911 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.1087 points.

H1 Avg (Jan–Jun) 27.7825
H2 Avg (Jul–Dec) 29.8911

Volatility Range Comparison

Volatility

The most volatile month in 2022 was September, with a trading range of 2.4581 CVE (High: 31.6534 / Low: 29.1953). On the other end, February was the most stable month, with a tight range of 0.6574 CVE (High: 27.1565 / Low: 26.4991).

September Spread (Volatile) ±2.4581
February Spread (Stable) ±0.6574

Growth Streaks & Declines

Trends

Between June and October, 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 1.1993 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -1.1993

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2022: 30.9527) against the same month in 2021 (average: 26.1899), the exchange rate shifted by +4.7628 (+18.19%).

2022 Avg (October) 30.9527
2021 Avg (October) 26.1899

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 27.2693 26.5037 26.8331
February 27.1565 26.4991 26.8021
March 27.9250 27.0805 27.6133
April 28.9461 27.4512 28.0199
May 29.2021 28.2499 28.7325
June 29.0859 28.3384 28.6939
July 29.9129 28.5888 29.4162
August 30.5136 29.4287 30.0047
September 31.6534 29.1953 30.5273
October 32.0997 30.5252 30.9527
November 30.7882 29.0644 29.8226
December 29.1990 28.3538 28.6233