YEARLY HIGH
0.6420 MVR
YEARLY LOW
0.5905 MVR
YEARLY AVERAGE
0.6268 MVR

2022 HNL to MVR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the HNL to MVR exchange rate experienced significant fluctuation. The market reached its absolute peak on June 12, valuing the pair at 0.6420. Conversely, the yearly low was recorded on August 29, dropping to 0.5905.

This high-to-low spread represents a total annual volatility of 0.0515 MVR. From a start-to-finish perspective, comparing the January average rate of 0.6301 to the December average rate of 0.6224, the exchange rate registered a net change of -1.22% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.6420 was down 1.48% compared to the 2021 peak of 0.6516, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,210 MVR
2021 Average 3,201 MVR
Yearly Trough Low 2,952 MVR
Transaction Impact: A difference of 257.49 MVR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.6318
0.6208
JanuMarcMayJulySeptNove

HNL 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 0.6296, compared to 0.6240 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0056 points.

H1 Avg (Jan–Jun) 0.6296
H2 Avg (Jul–Dec) 0.6240

Volatility Range Comparison

Volatility

The most volatile month in 2022 was August, with a trading range of 0.0392 MVR (High: 0.6296 / Low: 0.5905). On the other end, May was the most stable month, with a tight range of 0.0037 MVR (High: 0.6321 / Low: 0.6284).

August Spread (Volatile) ±0.0392
May Spread (Stable) ±0.0037

Growth Streaks & Declines

Trends

Between February and April, 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 July and August, when the average rate fell by 0.0044 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0044

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2022: 0.6274) against the same month in 2021 (average: 0.6422), the exchange rate shifted by -0.0147 (-2.30%).

2022 Avg (June) 0.6274
2021 Avg (June) 0.6422

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.6322 0.6284 0.6301
February 0.6317 0.6250 0.6283
March 0.6337 0.6244 0.6304
April 0.6344 0.6268 0.6309
May 0.6321 0.6284 0.6306
June 0.6420 0.6239 0.6274
July 0.6338 0.6242 0.6270
August 0.6296 0.5905 0.6226
September 0.6352 0.6224 0.6267
October 0.6274 0.6210 0.6236
November 0.6317 0.6193 0.6218
December 0.6255 0.6165 0.6224