YEARLY HIGH
0.0465 CVE
YEARLY LOW
0.0384 CVE
YEARLY AVERAGE
0.0418 CVE

2022 SYP to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the SYP to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on October 31, valuing the pair at 0.0465. Conversely, the yearly low was recorded on February 10, dropping to 0.0384.

This high-to-low spread represents a total annual volatility of 0.0081 CVE. From a start-to-finish perspective, comparing the January average rate of 0.0389 to the December average rate of 0.0415, the exchange rate registered a net change of 6.80% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.0465 was down 74.45% compared to the 2021 peak of 0.1821, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 233 CVE
2021 Average 466 CVE
Yearly Trough Low 192 CVE
Transaction Impact: A difference of 40.54 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.0455
0.0383
JanuMarcMayJulySeptNove

SYP 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 0.0403, compared to 0.0434 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0031 points.

H1 Avg (Jan–Jun) 0.0403
H2 Avg (Jul–Dec) 0.0434

Volatility Range Comparison

Volatility

The most volatile month in 2022 was September, with a trading range of 0.0036 CVE (High: 0.0459 / Low: 0.0423). On the other end, February was the most stable month, with a tight range of 0.0009 CVE (High: 0.0394 / Low: 0.0384).

September Spread (Volatile) ±0.0036
February Spread (Stable) ±0.0009

Growth Streaks & Declines

Trends

Between June and October, 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 0.0017 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0017

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2022: 0.0449) against the same month in 2021 (average: 0.0759), the exchange rate shifted by -0.0310 (-40.85%).

2022 Avg (October) 0.0449
2021 Avg (October) 0.0759

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0395 0.0384 0.0389
February 0.0394 0.0384 0.0389
March 0.0405 0.0393 0.0400
April 0.0420 0.0398 0.0406
May 0.0423 0.0410 0.0416
June 0.0423 0.0411 0.0416
July 0.0436 0.0415 0.0428
August 0.0442 0.0426 0.0435
September 0.0459 0.0423 0.0442
October 0.0465 0.0442 0.0449
November 0.0446 0.0421 0.0432
December 0.0423 0.0412 0.0415