YEARLY HIGH
10.8556 CVE
YEARLY LOW
9.5791 CVE
YEARLY AVERAGE
10.3990 CVE

2022 SEK to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the SEK to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on January 11, valuing the pair at 10.8556. Conversely, the yearly low was recorded on September 21, dropping to 9.5791.

This high-to-low spread represents a total annual volatility of 1.2764 CVE. From a start-to-finish perspective, comparing the January average rate of 10.6763 to the December average rate of 10.0408, the exchange rate registered a net change of -5.95% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 10.8556 was down 3.60% compared to the 2021 peak of 11.2606, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 54,278 CVE
2021 Average 54,532 CVE
Yearly Trough Low 47,896 CVE
Transaction Impact: A difference of 6,382.09 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

10.7414
9.9771
JanuMarcMayJulySeptNove

SEK 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 10.5510, compared to 10.2470 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.3041 points.

H1 Avg (Jan–Jun) 10.5510
H2 Avg (Jul–Dec) 10.2470

Volatility Range Comparison

Volatility

The most volatile month in 2022 was September, with a trading range of 1.0258 CVE (High: 10.6050 / Low: 9.5791). On the other end, April was the most stable month, with a tight range of 0.3679 CVE (High: 10.7893 / Low: 10.4214).

September Spread (Volatile) ±1.0258
April Spread (Stable) ±0.3679

Growth Streaks & Declines

Trends

Between February and April, 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 August and September, when the average rate fell by 0.2809 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.2809

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2022: 10.6763) against the same month in 2021 (average: 10.9604), the exchange rate shifted by -0.2841 (-2.59%).

2022 Avg (January) 10.6763
2021 Avg (January) 10.9604

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 10.8556 10.4593 10.6763
February 10.7694 10.2856 10.4864
March 10.7410 10.1757 10.4996
April 10.7893 10.4214 10.6777
May 10.7846 10.3503 10.5409
June 10.6419 10.1960 10.4251
July 10.7001 10.0538 10.3777
August 10.7776 10.2890 10.5106
September 10.6050 9.5791 10.2297
October 10.5965 9.9723 10.1294
November 10.6372 10.0161 10.1937
December 10.3193 9.8858 10.0408