YEARLY HIGH
134.0274 CVE
YEARLY LOW
119.6600 CVE
YEARLY AVERAGE
129.6647 CVE

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.

Transfer Payout Power Comparison

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

Yearly Peak High 670,137 CVE
2021 Average 643,654 CVE
Yearly Trough Low 598,300 CVE
Transaction Impact: A difference of 71,836.92 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

133.0752
125.2784
JanuMarcMayJulySeptNove

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)

Seasonal

The 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.

H1 Avg (Jan–Jun) 131.3413
H2 Avg (Jul–Dec) 127.9882

Volatility Range Comparison

Volatility

The 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).

October Spread (Volatile) ±9.6950
January Spread (Stable) ±2.2425

Growth Streaks & Declines

Trends

Between 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.

Longest Streak 2 Mo.
Sharpest MoM Drop -4.7744

Same-Month Historical Baseline

YoY Baseline

Comparing 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%).

2022 Avg (October) 127.3661
2021 Avg (October) 130.5313

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