2022 BRL to MVR Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2022.
2022 BRL to MVR Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2022
During 2022, the BRL to MVR exchange rate experienced significant fluctuation. The market reached its absolute peak on April 4, valuing the pair at 3.3621. Conversely, the yearly low was recorded on January 5, dropping to 2.7061.
This high-to-low spread represents a total annual volatility of 0.6560 MVR. From a start-to-finish perspective, comparing the January average rate of 2.7983 to the December average rate of 2.9301, the exchange rate registered a net change of 4.71% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2022 high of 3.3621 was up 6.87% compared to the 2021 peak of 3.1458, indicating shifts in long-term support levels.
Comparing the value generated converting 25,000 BRL based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2022.
BRL to MVR Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 3.0525, compared to 2.9340 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1185 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2022 was June, with a trading range of 0.3190 MVR (High: 3.2327 / Low: 2.9138). On the other end, December was the most stable month, with a tight range of 0.1014 MVR (High: 2.9852 / Low: 2.8838).
Growth Streaks & Declines
TrendsBetween January and April, 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 June and July, when the average rate fell by 0.1784 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (April 2022: 3.2582) against the same month in 2021 (average: 2.7702), the exchange rate shifted by +0.4880 (+17.62%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 2.9126 | 2.7061 | 2.7983 |
| February | 3.0837 | 2.8995 | 2.9712 |
| March | 3.2600 | 2.9915 | 3.1092 |
| April | 3.3621 | 3.0904 | 3.2582 |
| May | 3.2646 | 2.9927 | 3.1235 |
| June | 3.2327 | 2.9138 | 3.0545 |
| July | 2.9772 | 2.7976 | 2.8761 |
| August | 3.0524 | 2.9143 | 2.9906 |
| September | 3.0450 | 2.8545 | 2.9542 |
| October | 2.9931 | 2.8531 | 2.9344 |
| November | 3.0590 | 2.8412 | 2.9188 |
| December | 2.9852 | 2.8838 | 2.9301 |