YEARLY HIGH
2.3785 MVR
YEARLY LOW
1.9948 MVR
YEARLY AVERAGE
2.1854 MVR

2022 DKK to MVR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the DKK to MVR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 13, valuing the pair at 2.3785. Conversely, the yearly low was recorded on September 27, dropping to 1.9948.

This high-to-low spread represents a total annual volatility of 0.3838 MVR. From a start-to-finish perspective, comparing the January average rate of 2.3504 to the December average rate of 2.1887, the exchange rate registered a net change of -6.88% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 2.3785 was down 6.94% compared to the 2021 peak of 2.5559, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 11,893 MVR
2021 Average 12,274 MVR
Yearly Trough Low 9,974 MVR
Transaction Impact: A difference of 1,918.78 MVR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

2.3860
2.0098
JanuMarcMayJulySeptNove

DKK 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 2.2702, compared to 2.1006 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1696 points.

H1 Avg (Jan–Jun) 2.2702
H2 Avg (Jul–Dec) 2.1006

Volatility Range Comparison

Volatility

The most volatile month in 2022 was November, with a trading range of 0.1343 MVR (High: 2.1546 / Low: 2.0203). On the other end, February was the most stable month, with a tight range of 0.0558 MVR (High: 2.3773 / Low: 2.3214).

November Spread (Volatile) ±0.1343
February Spread (Stable) ±0.0558

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 June and July, when the average rate fell by 0.0793 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0793

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2022: 2.3504) against the same month in 2021 (average: 2.5203), the exchange rate shifted by -0.1699 (-6.74%).

2022 Avg (January) 2.3504
2021 Avg (January) 2.5203

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.3785 2.3133 2.3504
February 2.3773 2.3214 2.3546
March 2.3186 2.2557 2.2848
April 2.2968 2.1806 2.2463
May 2.2365 2.1550 2.1955
June 2.2366 2.1503 2.1897
July 2.1566 2.0845 2.1104
August 2.1297 2.0508 2.0896
September 2.1127 1.9948 2.0573
October 2.0884 2.0158 2.0412
November 2.1546 2.0203 2.1166
December 2.2174 2.1558 2.1887