YEARLY HIGH
42.0181 CVE
YEARLY LOW
36.8126 CVE
YEARLY AVERAGE
39.2703 CVE

2022 WST to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the WST to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on September 27, valuing the pair at 42.0181. Conversely, the yearly low was recorded on February 10, dropping to 36.8126.

This high-to-low spread represents a total annual volatility of 5.2055 CVE. From a start-to-finish perspective, comparing the January average rate of 37.5586 to the December average rate of 38.6414, the exchange rate registered a net change of 2.88% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 42.0181 was up 9.08% compared to the 2021 peak of 38.5221, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 210,091 CVE
2021 Average 183,873 CVE
Yearly Trough Low 184,063 CVE
Transaction Impact: A difference of 26,027.60 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

41.2415
36.9009
JanuMarcMayJulySeptNove

WST 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 38.7326, compared to 39.8080 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.0753 points.

H1 Avg (Jan–Jun) 38.7326
H2 Avg (Jul–Dec) 39.8080

Volatility Range Comparison

Volatility

The most volatile month in 2022 was September, with a trading range of 3.2630 CVE (High: 42.0181 / Low: 38.7551). On the other end, December was the most stable month, with a tight range of 0.9491 CVE (High: 39.0017 / Low: 38.0526).

September Spread (Volatile) ±3.2630
December Spread (Stable) ±0.9491

Growth Streaks & Declines

Trends

Between February and May, 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 October and November, when the average rate fell by 1.4420 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -1.4420

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2022: 40.8798) against the same month in 2021 (average: 36.6615), the exchange rate shifted by +4.2183 (+11.51%).

2022 Avg (September) 40.8798
2021 Avg (September) 36.6615

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 38.1958 36.9400 37.5586
February 37.8448 36.8126 37.2626
March 38.8249 37.6507 38.4582
April 40.8632 38.3882 39.4416
May 41.2120 39.2923 40.0301
June 40.1883 39.1715 39.6446
July 40.3730 38.4952 39.7370
August 41.3714 39.5977 40.6390
September 42.0181 38.7551 40.8798
October 41.3549 39.4818 40.1962
November 39.7117 37.8772 38.7543
December 39.0017 38.0526 38.6414