2022 SHP to CVE Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2022.
2022 SHP to CVE Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2022
During 2022, the SHP to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on October 31, valuing the pair at 134.0274. Conversely, the yearly low was recorded on September 21, dropping to 119.6600.
This high-to-low spread represents a total annual volatility of 14.3674 CVE. From a start-to-finish perspective, comparing the January average rate of 132.4255 to the December average rate of 127.0357, the exchange rate registered a net change of -4.07% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2022 high of 134.0274 was up 0.75% compared to the 2021 peak of 133.0269, 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 CVE 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 131.3413, compared to 127.9882 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 3.3531 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2022 was October, with a trading range of 9.6950 CVE (High: 134.0274 / Low: 124.3324). On the other end, January was the most stable month, with a tight range of 2.2425 CVE (High: 133.7398 / Low: 131.4973).
Growth Streaks & Declines
TrendsBetween June and August, 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 4.7744 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (October 2022: 127.3661) against the same month in 2021 (average: 130.5313), the exchange rate shifted by -3.1652 (-2.42%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 133.7398 | 131.4973 | 132.4255 |
| February | 133.2608 | 130.6415 | 132.0849 |
| March | 133.9341 | 130.3885 | 132.3754 |
| April | 133.8796 | 129.0247 | 132.0273 |
| May | 132.5376 | 128.2970 | 130.2739 |
| June | 131.1021 | 126.5685 | 128.8609 |
| July | 133.0245 | 126.3583 | 129.1732 |
| August | 132.5963 | 127.6825 | 130.7026 |
| September | 128.5888 | 119.6600 | 125.9282 |
| October | 134.0274 | 124.3324 | 127.3661 |
| November | 130.5676 | 125.2203 | 127.7234 |
| December | 130.3249 | 124.7127 | 127.0357 |