YEARLY HIGH
58.4375 CVE
YEARLY LOW
48.2417 CVE
YEARLY AVERAGE
52.5366 CVE

2022 BBD to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the BBD to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on October 31, valuing the pair at 58.4375. Conversely, the yearly low was recorded on February 10, dropping to 48.2417.

This high-to-low spread represents a total annual volatility of 10.1958 CVE. From a start-to-finish perspective, comparing the January average rate of 48.8490 to the December average rate of 52.1776, the exchange rate registered a net change of 6.81% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 58.4375 was up 18.20% compared to the 2021 peak of 49.4375, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 292,188 CVE
2021 Average 234,019 CVE
Yearly Trough Low 241,208 CVE
Transaction Impact: A difference of 50,979.17 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

57.1334
48.0449
JanuMarcMayJulySeptNove

BBD 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 50.5968, compared to 54.4764 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 3.8796 points.

H1 Avg (Jan–Jun) 50.5968
H2 Avg (Jul–Dec) 54.4764

Volatility Range Comparison

Volatility

The most volatile month in 2022 was September, with a trading range of 4.4750 CVE (High: 57.6250 / Low: 53.1500). On the other end, February was the most stable month, with a tight range of 1.1833 CVE (High: 49.4250 / Low: 48.2417).

September Spread (Volatile) ±4.4750
February Spread (Stable) ±1.1833

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 2.1317 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -2.1317

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2022: 56.3760) against the same month in 2021 (average: 47.6902), the exchange rate shifted by +8.6858 (+18.21%).

2022 Avg (October) 56.3760
2021 Avg (October) 47.6902

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 49.6437 48.2500 48.8490
February 49.4250 48.2417 48.8023
March 50.8375 49.3000 50.2769
April 52.7000 49.9750 51.0185
May 53.1625 51.5600 52.3202
June 53.1125 51.5900 52.3139
July 54.8059 52.1750 53.7786
August 55.5500 53.5750 54.6364
September 57.6250 53.1500 55.5805
October 58.4375 55.5750 56.3760
November 56.0500 52.9118 54.3093
December 53.1567 51.7750 52.1776