YEARLY HIGH
14.2466 CVE
YEARLY LOW
11.9205 CVE
YEARLY AVERAGE
12.9098 CVE

2022 SBD to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the SBD to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on October 31, valuing the pair at 14.2466. Conversely, the yearly low was recorded on February 10, dropping to 11.9205.

This high-to-low spread represents a total annual volatility of 2.3261 CVE. From a start-to-finish perspective, comparing the January average rate of 12.0984 to the December average rate of 12.6873, the exchange rate registered a net change of 4.87% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 14.2466 was up 16.11% compared to the 2021 peak of 12.2703, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 71,233 CVE
2021 Average 58,337 CVE
Yearly Trough Low 59,602 CVE
Transaction Impact: A difference of 11,630.63 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

13.9789
11.8932
JanuMarcMayJulySeptNove

SBD 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 12.5298, compared to 13.2898 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.7600 points.

H1 Avg (Jan–Jun) 12.5298
H2 Avg (Jul–Dec) 13.2898

Volatility Range Comparison

Volatility

The most volatile month in 2022 was September, with a trading range of 1.0377 CVE (High: 14.1179 / Low: 13.0802). On the other end, February was the most stable month, with a tight range of 0.3122 CVE (High: 12.2326 / Low: 11.9205).

September Spread (Volatile) ±1.0377
February Spread (Stable) ±0.3122

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 October and November, when the average rate fell by 0.6021 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.6021

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2022: 13.8050) against the same month in 2021 (average: 11.8475), the exchange rate shifted by +1.9575 (+16.52%).

2022 Avg (October) 13.8050
2021 Avg (October) 11.8475

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 12.3066 11.9514 12.0984
February 12.2326 11.9205 12.0670
March 12.6280 12.2017 12.4968
April 13.1275 12.4737 12.7322
May 13.1035 12.6940 12.9120
June 13.1027 12.7116 12.8724
July 13.4575 12.7095 13.1903
August 13.4914 12.9972 13.2699
September 14.1179 13.0802 13.5831
October 14.2466 13.5487 13.8050
November 13.6400 12.8679 13.2029
December 12.9328 12.5086 12.6873