YEARLY HIGH
11.5181 MVR
YEARLY LOW
10.6647 MVR
YEARLY AVERAGE
11.1910 MVR

2022 BND to MVR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the BND to MVR exchange rate experienced significant fluctuation. The market reached its absolute peak on February 9, valuing the pair at 11.5181. Conversely, the yearly low was recorded on September 28, dropping to 10.6647.

This high-to-low spread represents a total annual volatility of 0.8534 MVR. From a start-to-finish perspective, comparing the January average rate of 11.4400 to the December average rate of 11.3706, the exchange rate registered a net change of -0.61% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 11.5181 was down 1.68% compared to the 2021 peak of 11.7152, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 57,591 MVR
2021 Average 57,431 MVR
Yearly Trough Low 53,324 MVR
Transaction Impact: A difference of 4,266.81 MVR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

11.5392
10.7598
JanuMarcMayJulySeptNove

BND to MVR 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 11.3173, compared to 11.0647 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.2527 points.

H1 Avg (Jan–Jun) 11.3173
H2 Avg (Jul–Dec) 11.0647

Volatility Range Comparison

Volatility

The most volatile month in 2022 was September, with a trading range of 0.5140 MVR (High: 11.1788 / Low: 10.6647). On the other end, January was the most stable month, with a tight range of 0.1270 MVR (High: 11.4940 / Low: 11.3670).

September Spread (Volatile) ±0.5140
January Spread (Stable) ±0.1270

Growth Streaks & Declines

Trends

Between October and December, 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 0.1522 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.1522

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2022: 11.4743) against the same month in 2021 (average: 11.6054), the exchange rate shifted by -0.1311 (-1.13%).

2022 Avg (February) 11.4743
2021 Avg (February) 11.6054

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 11.4940 11.3670 11.4400
February 11.5181 11.3558 11.4743
March 11.4412 11.3081 11.3696
April 11.4051 11.1479 11.3078
May 11.3066 11.0822 11.1758
June 11.4007 11.0269 11.1365
July 11.1529 10.9480 11.0484
August 11.2226 10.9814 11.0972
September 11.1788 10.6647 10.9450
October 10.9255 10.7515 10.8248
November 11.2786 10.8550 11.1021
December 11.4496 11.2675 11.3706