YEARLY HIGH
2.0205 MVR
YEARLY LOW
1.9554 MVR
YEARLY AVERAGE
1.9696 MVR

2022 HKD to MVR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the HKD to MVR exchange rate experienced significant fluctuation. The market reached its absolute peak on June 12, valuing the pair at 2.0205. Conversely, the yearly low was recorded on August 6, dropping to 1.9554.

This high-to-low spread represents a total annual volatility of 0.0651 MVR. From a start-to-finish perspective, comparing the January average rate of 1.9827 to the December average rate of 1.9734, the exchange rate registered a net change of -0.47% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 2.0205 was up 1.16% compared to the 2021 peak of 1.9974, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 50,513 MVR
2021 Average 49,636 MVR
Yearly Trough Low 48,884 MVR
Transaction Impact: A difference of 1,628.43 MVR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

1.9852
1.9555
JanuMarcMayJulySeptNove

HKD 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 1.9734, compared to 1.9659 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0075 points.

H1 Avg (Jan–Jun) 1.9734
H2 Avg (Jul–Dec) 1.9659

Volatility Range Comparison

Volatility

The most volatile month in 2022 was June, with a trading range of 0.0649 MVR (High: 2.0205 / Low: 1.9556). On the other end, May was the most stable month, with a tight range of 0.0044 MVR (High: 1.9695 / Low: 1.9651).

June Spread (Volatile) ±0.0649
May Spread (Stable) ±0.0044

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 February and March, when the average rate fell by 0.0063 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0063

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2022: 1.9642) against the same month in 2021 (average: 1.9900), the exchange rate shifted by -0.0257 (-1.29%).

2022 Avg (June) 1.9642
2021 Avg (June) 1.9900

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.9868 1.9753 1.9827
February 1.9843 1.9742 1.9808
March 1.9773 1.9672 1.9744
April 1.9735 1.9627 1.9703
May 1.9695 1.9651 1.9678
June 2.0205 1.9556 1.9642
July 1.9760 1.9555 1.9625
August 1.9707 1.9554 1.9580
September 1.9816 1.9559 1.9675
October 1.9702 1.9587 1.9667
November 1.9732 1.9619 1.9671
December 1.9807 1.9608 1.9734