YEARLY HIGH
12.3935 MVR
YEARLY LOW
11.1363 MVR
YEARLY AVERAGE
11.8591 MVR

2022 CAD to MVR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the CAD to MVR exchange rate experienced significant fluctuation. The market reached its absolute peak on June 12, valuing the pair at 12.3935. Conversely, the yearly low was recorded on October 15, dropping to 11.1363.

This high-to-low spread represents a total annual volatility of 1.2572 MVR. From a start-to-finish perspective, comparing the January average rate of 12.2340 to the December average rate of 11.2984, the exchange rate registered a net change of -7.65% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 12.3935 was down 3.41% compared to the 2021 peak of 12.8317, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 61,968 MVR
2021 Average 61,562 MVR
Yearly Trough Low 55,682 MVR
Transaction Impact: A difference of 6,285.94 MVR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

12.3309
11.1685
JanuMarcMayJulySeptNove

CAD 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 12.1448, compared to 11.5733 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.5715 points.

H1 Avg (Jan–Jun) 12.1448
H2 Avg (Jul–Dec) 11.5733

Volatility Range Comparison

Volatility

The most volatile month in 2022 was September, with a trading range of 0.7764 MVR (High: 11.9473 / Low: 11.1709). On the other end, February was the most stable month, with a tight range of 0.1438 MVR (High: 12.2054 / Low: 12.0617).

September Spread (Volatile) ±0.7764
February Spread (Stable) ±0.1438

Growth Streaks & Declines

Trends

Between February and April, 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 September and October, when the average rate fell by 0.3378 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.3378

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2022: 12.0288) against the same month in 2021 (average: 12.6273), the exchange rate shifted by -0.5986 (-4.74%).

2022 Avg (June) 12.0288
2021 Avg (June) 12.6273

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 12.3620 12.1008 12.2340
February 12.2054 12.0617 12.1394
March 12.3762 11.9849 12.2125
April 12.3834 12.0124 12.2290
May 12.2132 11.8613 12.0253
June 12.3935 11.8216 12.0288
July 12.0357 11.7980 11.9161
August 12.0289 11.6867 11.8843
September 11.9473 11.1709 11.6032
October 11.4377 11.1363 11.2654
November 11.6167 11.2202 11.4725
December 11.3873 11.1819 11.2984