2022 SHP to CNY Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2022.
2022 SHP to CNY Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2022
During 2022, the SHP to CNY exchange rate experienced significant fluctuation. The market reached its absolute peak on January 13, valuing the pair at 8.7213. Conversely, the yearly low was recorded on September 25, dropping to 7.6939.
This high-to-low spread represents a total annual volatility of 1.0274 CNY. From a start-to-finish perspective, comparing the January average rate of 8.6149 to the December average rate of 8.4894, the exchange rate registered a net change of -1.46% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2022 high of 8.7213 was down 4.54% compared to the 2021 peak of 9.1363, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 SHP based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2022.
SHP to CNY Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 8.4096, compared to 8.2002 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.2094 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2022 was October, with a trading range of 0.5665 CNY (High: 8.4227 / Low: 7.8562). On the other end, April was the most stable month, with a tight range of 0.1744 CNY (High: 8.4013 / Low: 8.2268).
Growth Streaks & Declines
TrendsBetween September and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.2294 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2022: 8.6149) against the same month in 2021 (average: 8.8334), the exchange rate shifted by -0.2185 (-2.47%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 8.7213 | 8.5129 | 8.6149 |
| February | 8.6497 | 8.4476 | 8.5832 |
| March | 8.4678 | 8.2662 | 8.3538 |
| April | 8.4013 | 8.2268 | 8.3187 |
| May | 8.5028 | 8.2171 | 8.3402 |
| June | 8.3967 | 8.0965 | 8.2469 |
| July | 8.2198 | 7.9710 | 8.0870 |
| August | 8.2965 | 7.9908 | 8.1344 |
| September | 8.0965 | 7.6939 | 7.9390 |
| October | 8.4227 | 7.8562 | 8.1231 |
| November | 8.6772 | 8.1414 | 8.4285 |
| December | 8.6404 | 8.3451 | 8.4894 |