YEARLY HIGH
0.2093 MVR
YEARLY LOW
0.1857 MVR
YEARLY AVERAGE
0.1965 MVR

2022 INR to MVR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the INR to MVR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 11, valuing the pair at 0.2093. Conversely, the yearly low was recorded on December 12, dropping to 0.1857.

This high-to-low spread represents a total annual volatility of 0.0236 MVR. From a start-to-finish perspective, comparing the January average rate of 0.2075 to the December average rate of 0.1865, the exchange rate registered a net change of -10.14% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.2093 was down 2.01% compared to the 2021 peak of 0.2136, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 250,000 INR based on timing:

Yearly Peak High 52,326 MVR
2021 Average 52,194 MVR
Yearly Trough Low 46,434 MVR
Transaction Impact: A difference of 5,892.87 MVR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.2096
0.1844
JanuMarcMayJulySeptNove

INR 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 0.2027, compared to 0.1904 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0123 points.

H1 Avg (Jan–Jun) 0.2027
H2 Avg (Jul–Dec) 0.1904

Volatility Range Comparison

Volatility

The most volatile month in 2022 was June, with a trading range of 0.0087 MVR (High: 0.2029 / Low: 0.1941). On the other end, December was the most stable month, with a tight range of 0.0028 MVR (High: 0.1885 / Low: 0.1857).

June Spread (Volatile) ±0.0087
December Spread (Stable) ±0.0028

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2022. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0050 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0050

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2022: 0.2075) against the same month in 2021 (average: 0.2107), the exchange rate shifted by -0.0032 (-1.52%).

2022 Avg (January) 0.2075
2021 Avg (January) 0.2107

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2093 0.2054 0.2075
February 0.2072 0.2041 0.2060
March 0.2044 0.2004 0.2026
April 0.2049 0.2012 0.2028
May 0.2033 0.1982 0.1998
June 0.2029 0.1941 0.1975
July 0.1955 0.1922 0.1937
August 0.1968 0.1920 0.1931
September 0.1954 0.1892 0.1925
October 0.1896 0.1860 0.1875
November 0.1915 0.1861 0.1889
December 0.1885 0.1857 0.1865