YEARLY HIGH
17.7002 MVR
YEARLY LOW
14.8351 MVR
YEARLY AVERAGE
16.2608 MVR

2022 EUR to MVR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the EUR to MVR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 13, valuing the pair at 17.7002. Conversely, the yearly low was recorded on September 27, dropping to 14.8351.

This high-to-low spread represents a total annual volatility of 2.8651 MVR. From a start-to-finish perspective, comparing the January average rate of 17.4905 to the December average rate of 16.2878, 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 17.7002 was down 6.91% compared to the 2021 peak of 19.0135, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 88,501 MVR
2021 Average 91,282 MVR
Yearly Trough Low 74,176 MVR
Transaction Impact: A difference of 14,325.30 MVR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

17.7545
14.9511
JanuMarcMayJulySeptNove

EUR 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 16.8907, compared to 15.6309 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.2598 points.

H1 Avg (Jan–Jun) 16.8907
H2 Avg (Jul–Dec) 15.6309

Volatility Range Comparison

Volatility

The most volatile month in 2022 was November, with a trading range of 0.9896 MVR (High: 16.0231 / Low: 15.0335). On the other end, February was the most stable month, with a tight range of 0.4237 MVR (High: 17.6973 / Low: 17.2736).

November Spread (Volatile) ±0.9896
February Spread (Stable) ±0.4237

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 0.5841 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.5841

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2022: 17.4905) against the same month in 2021 (average: 18.7428), the exchange rate shifted by -1.2523 (-6.68%).

2022 Avg (January) 17.4905
2021 Avg (January) 18.7428

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 17.7002 17.2200 17.4905
February 17.6973 17.2736 17.5209
March 17.2445 16.7885 17.0009
April 17.0810 16.2281 16.7076
May 16.6387 16.0354 16.3345
June 16.6387 15.9977 16.2898
July 16.0458 15.5044 15.7057
August 15.8554 15.2526 15.5444
September 15.7107 14.8351 15.3103
October 15.5318 14.9942 15.1847
November 16.0231 15.0335 15.7522
December 16.5242 16.0334 16.2878