2022 FKP to MVR Historical Review

YEARLY HIGH

21.1875 MVR

YEARLY LOW

16.5824 MVR

YEARLY AVERAGE

19.0870 MVR

2022 FKP to MVR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the FKP to MVR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 13, valuing the pair at 21.1875. Conversely, the yearly low was recorded on September 27, dropping to 16.5824.

This high-to-low spread represents a total annual volatility of 4.6050 MVR. From a start-to-finish perspective, comparing the January average rate of 20.9412 to the December average rate of 18.7122, the exchange rate registered a net change of -10.64% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 21.1875 was down 3.60% compared to the 2021 peak of 21.9794, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 105,937 MVR

2021 Average 106,148 MVR

Yearly Trough Low 82,912 MVR

Transaction Impact: A difference of 23,025.13 MVR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

21.2913

17.0901

JanuMarcMayJulySeptNove

FKP 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 20.0661, compared to 18.1079 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.9582 points.

H1 Avg (Jan–Jun) 20.0661

H2 Avg (Jul–Dec) 18.1079

Volatility Range Comparison

Volatility

The most volatile month in 2022 was September, with a trading range of 1.5475 MVR (High: 18.1299 / Low: 16.5824). On the other end, February was the most stable month, with a tight range of 0.3769 MVR (High: 21.0361 / Low: 20.6593).

September Spread (Volatile) ±1.5475

February Spread (Stable) ±0.3769

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 August and September, when the average rate fell by 0.8798 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.8798

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2022: 20.9412) against the same month in 2021 (average: 21.0163), the exchange rate shifted by -0.0751 (-0.36%).

2022 Avg (January) 20.9412

2021 Avg (January) 21.0163

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	21.1875	20.6836	20.9412
February	21.0361	20.6593	20.9067
March	20.6970	20.1012	20.3359
April	20.2750	19.2583	19.9939
May	19.5314	18.8555	19.2306
June	19.4714	18.4485	18.9884
July	18.7504	18.2326	18.5005
August	18.9369	17.8129	18.3783
September	18.1299	16.5824	17.4985
October	17.9126	16.9504	17.4402
November	18.6290	17.2248	18.1179
December	19.1249	18.5207	18.7122