2022 SGD to CVE Historical Review

YEARLY HIGH

82.5881 CVE

YEARLY LOW

71.5976 CVE

YEARLY AVERAGE

76.1909 CVE

2022 SGD to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the SGD to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on October 31, valuing the pair at 82.5881. Conversely, the yearly low was recorded on January 18, dropping to 71.5976.

This high-to-low spread represents a total annual volatility of 10.9905 CVE. From a start-to-finish perspective, comparing the January average rate of 72.3313 to the December average rate of 77.1754, the exchange rate registered a net change of 6.70% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 82.5881 was up 14.24% compared to the 2021 peak of 72.2952, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 412,941 CVE

2021 Average 348,238 CVE

Yearly Trough Low 357,988 CVE

Transaction Impact: A difference of 54,952.65 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

79.8832

71.6448

JanuMarcMayJulySeptNove

SGD 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 74.1265, compared to 78.2553 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 4.1287 points.

H1 Avg (Jan–Jun) 74.1265

H2 Avg (Jul–Dec) 78.2553

Volatility Range Comparison

Volatility

The most volatile month in 2022 was September, with a trading range of 5.3339 CVE (High: 80.2574 / Low: 74.9235). On the other end, February was the most stable month, with a tight range of 1.3327 CVE (High: 73.0356 / Low: 71.7028).

September Spread (Volatile) ±5.3339

February Spread (Stable) ±1.3327

Growth Streaks & Declines

Trends

Between January and May, 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 1.2537 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -1.2537

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2022: 79.1967) against the same month in 2021 (average: 70.5878), the exchange rate shifted by +8.6089 (+12.20%).

2022 Avg (October) 79.1967

2021 Avg (October) 70.5878

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	73.2790	71.5976	72.3313
February	73.0356	71.7028	72.4380
March	74.8159	72.6406	74.0002
April	76.0188	73.5242	74.7026
May	76.4519	75.0674	75.7264
June	76.7326	74.8411	75.5607
July	79.1265	75.0808	77.1334
August	79.7527	78.2098	78.9197
September	80.2574	74.9235	78.6773
October	82.5881	78.4379	79.1967
November	80.3584	76.7300	78.4291
December	78.5413	76.3565	77.1754