YEARLY HIGH
31.1044 CVE
YEARLY LOW
25.7138 CVE
YEARLY AVERAGE
27.9827 CVE

2022 SAR to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the SAR to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on October 31, valuing the pair at 31.1044. Conversely, the yearly low was recorded on January 13, dropping to 25.7138.

This high-to-low spread represents a total annual volatility of 5.3906 CVE. From a start-to-finish perspective, comparing the January average rate of 26.0337 to the December average rate of 27.7537, the exchange rate registered a net change of 6.61% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 31.1044 was up 18.01% compared to the 2021 peak of 26.3583, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 155,522 CVE
2021 Average 124,781 CVE
Yearly Trough Low 128,569 CVE
Transaction Impact: A difference of 26,953.01 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

30.3991
25.6162
JanuMarcMayJulySeptNove

SAR 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 26.9729, compared to 28.9924 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.0195 points.

H1 Avg (Jan–Jun) 26.9729
H2 Avg (Jul–Dec) 28.9924

Volatility Range Comparison

Volatility

The most volatile month in 2022 was September, with a trading range of 2.3818 CVE (High: 30.6376 / Low: 28.2559). On the other end, February was the most stable month, with a tight range of 0.6329 CVE (High: 26.3499 / Low: 25.7171).

September Spread (Volatile) ±2.3818
February Spread (Stable) ±0.6329

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 1.1457 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -1.1457

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2022: 30.0005) against the same month in 2021 (average: 25.4304), the exchange rate shifted by +4.5701 (+17.97%).

2022 Avg (October) 30.0005
2021 Avg (October) 25.4304

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 26.4625 25.7138 26.0337
February 26.3499 25.7171 26.0148
March 27.0977 26.2844 26.8009
April 28.1006 26.6437 27.2042
May 28.3440 27.4871 27.8958
June 28.3130 27.5105 27.8884
July 29.1914 27.7813 28.6435
August 29.5872 28.5264 29.0886
September 30.6376 28.2559 29.5688
October 31.1044 29.5730 30.0005
November 29.8280 28.1605 28.8993
December 28.2782 27.5488 27.7537