YEARLY HIGH
2.2871 MVR
YEARLY LOW
2.2055 MVR
YEARLY AVERAGE
2.2376 MVR

2022 BOB to MVR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the BOB to MVR exchange rate experienced significant fluctuation. The market reached its absolute peak on June 12, valuing the pair at 2.2871. Conversely, the yearly low was recorded on August 28, dropping to 2.2055.

This high-to-low spread represents a total annual volatility of 0.0817 MVR. From a start-to-finish perspective, comparing the January average rate of 2.2424 to the December average rate of 2.2237, the exchange rate registered a net change of -0.84% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 2.2871 was up 1.79% compared to the 2021 peak of 2.2469, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 11,436 MVR
2021 Average 11,178 MVR
Yearly Trough Low 11,027 MVR
Transaction Impact: A difference of 408.31 MVR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

2.2487
2.2214
JanuMarcMayJulySeptNove

BOB 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 2.2435, compared to 2.2317 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0118 points.

H1 Avg (Jan–Jun) 2.2435
H2 Avg (Jul–Dec) 2.2317

Volatility Range Comparison

Volatility

The most volatile month in 2022 was June, with a trading range of 0.0590 MVR (High: 2.2871 / Low: 2.2282). On the other end, March was the most stable month, with a tight range of 0.0199 MVR (High: 2.2531 / Low: 2.2332).

June Spread (Volatile) ±0.0590
March Spread (Stable) ±0.0199

Growth Streaks & Declines

Trends

Between January and March, 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 July and August, when the average rate fell by 0.0152 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0152

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2022: 2.2385) against the same month in 2021 (average: 2.2327), the exchange rate shifted by +0.0059 (+0.26%).

2022 Avg (June) 2.2385
2021 Avg (June) 2.2327

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.2551 2.2330 2.2424
February 2.2639 2.2351 2.2449
March 2.2531 2.2332 2.2456
April 2.2505 2.2225 2.2433
May 2.2608 2.2384 2.2464
June 2.2871 2.2282 2.2385
July 2.2663 2.2307 2.2405
August 2.2551 2.2055 2.2254
September 2.2655 2.2205 2.2361
October 2.2503 2.2187 2.2338
November 2.2593 2.2144 2.2308
December 2.2329 2.2091 2.2237