YEARLY HIGH
2.4475 MVR
YEARLY LOW
2.1048 MVR
YEARLY AVERAGE
2.2970 MVR

2022 CNY to MVR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the CNY to MVR exchange rate experienced significant fluctuation. The market reached its absolute peak on March 1, valuing the pair at 2.4475. Conversely, the yearly low was recorded on October 25, dropping to 2.1048.

This high-to-low spread represents a total annual volatility of 0.3428 MVR. From a start-to-finish perspective, comparing the January average rate of 2.4308 to the December average rate of 2.2043, the exchange rate registered a net change of -9.32% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 2.4475 was up 0.51% compared to the 2021 peak of 2.4351, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 25,000 CNY based on timing:

Yearly Peak High 61,188 MVR
2021 Average 59,801 MVR
Yearly Trough Low 52,619 MVR
Transaction Impact: A difference of 8,569.33 MVR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

2.4646
2.1185
JanuMarcMayJulySeptNove

CNY 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 2.3854, compared to 2.2087 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1768 points.

H1 Avg (Jan–Jun) 2.3854
H2 Avg (Jul–Dec) 2.2087

Volatility Range Comparison

Volatility

The most volatile month in 2022 was April, with a trading range of 0.0980 MVR (High: 2.4296 / Low: 2.3316). On the other end, January was the most stable month, with a tight range of 0.0221 MVR (High: 2.4442 / Low: 2.4221).

April Spread (Volatile) ±0.0980
January Spread (Stable) ±0.0221

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 April and May, when the average rate fell by 0.0976 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0976

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2022: 2.4343) against the same month in 2021 (average: 2.3707), the exchange rate shifted by +0.0637 (+2.69%).

2022 Avg (March) 2.4343
2021 Avg (March) 2.3707

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.4442 2.4221 2.4308
February 2.4470 2.4210 2.4358
March 2.4475 2.4190 2.4343
April 2.4296 2.3316 2.4034
May 2.3379 2.2764 2.3058
June 2.3640 2.2740 2.3024
July 2.3165 2.2703 2.2877
August 2.2909 2.2208 2.2592
September 2.2397 2.1457 2.2038
October 2.1726 2.1048 2.1474
November 2.1861 2.1118 2.1496
December 2.2333 2.1718 2.2043