YEARLY HIGH
22.3695 MVR
YEARLY LOW
21.5353 MVR
YEARLY AVERAGE
21.7513 MVR

2022 JOD to MVR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the JOD to MVR exchange rate experienced significant fluctuation. The market reached its absolute peak on June 12, valuing the pair at 22.3695. Conversely, the yearly low was recorded on December 5, dropping to 21.5353.

This high-to-low spread represents a total annual volatility of 0.8342 MVR. From a start-to-finish perspective, comparing the January average rate of 21.7890 to the December average rate of 21.6714, the exchange rate registered a net change of -0.54% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 22.3695 was up 2.32% compared to the 2021 peak of 21.8618, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 111,848 MVR
2021 Average 108,835 MVR
Yearly Trough Low 107,677 MVR
Transaction Impact: A difference of 4,171.09 MVR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

21.8011
21.6559
JanuMarcMayJulySeptNove

JOD 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 21.7792, compared to 21.7234 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0558 points.

H1 Avg (Jan–Jun) 21.7792
H2 Avg (Jul–Dec) 21.7234

Volatility Range Comparison

Volatility

The most volatile month in 2022 was June, with a trading range of 0.7196 MVR (High: 22.3695 / Low: 21.6500). On the other end, May was the most stable month, with a tight range of 0.0494 MVR (High: 21.8054 / Low: 21.7560).

June Spread (Volatile) ±0.7196
May Spread (Stable) ±0.0494

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 July and August, when the average rate fell by 0.0576 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0576

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2022: 21.7382) against the same month in 2021 (average: 21.7850), the exchange rate shifted by -0.0468 (-0.21%).

2022 Avg (June) 21.7382
2021 Avg (June) 21.7850

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 21.8195 21.7146 21.7890
February 21.8054 21.7207 21.7889
March 21.8054 21.7207 21.7860
April 21.8195 21.7207 21.7887
May 21.8054 21.7560 21.7846
June 22.3695 21.6500 21.7382
July 21.8755 21.6502 21.7256
August 21.8195 21.6502 21.6680
September 21.9394 21.6502 21.7811
October 21.8124 21.6855 21.7725
November 21.7630 21.6129 21.7218
December 21.7376 21.5353 21.6714