2022 KWD to MVR Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2022.
2022 KWD to MVR Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2022
During 2022, the KWD to MVR exchange rate experienced significant fluctuation. The market reached its absolute peak on June 12, valuing the pair at 51.7052. Conversely, the yearly low was recorded on October 23, dropping to 49.5490.
This high-to-low spread represents a total annual volatility of 2.1562 MVR. From a start-to-finish perspective, comparing the January average rate of 51.0741 to the December average rate of 50.1498, the exchange rate registered a net change of -1.81% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2022 high of 51.7052 was up 0.28% compared to the 2021 peak of 51.5629, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 KWD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2022.
KWD to MVR Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 50.7096, compared to 50.0004 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.7092 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2022 was June, with a trading range of 1.7718 MVR (High: 51.7052 / Low: 49.9334). On the other end, May was the most stable month, with a tight range of 0.2211 MVR (High: 50.5383 / Low: 50.3172).
Growth Streaks & Declines
TrendsBetween 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 March and April, when the average rate fell by 0.2361 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (June 2022: 50.2668) against the same month in 2021 (average: 51.3160), the exchange rate shifted by -1.0492 (-2.04%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 51.1836 | 50.9054 | 51.0741 |
| February | 51.1550 | 50.9253 | 51.0678 |
| March | 50.9987 | 50.5822 | 50.8443 |
| April | 50.8133 | 50.2721 | 50.6082 |
| May | 50.5383 | 50.3172 | 50.3961 |
| June | 51.7052 | 49.9334 | 50.2668 |
| July | 50.4428 | 49.9336 | 50.1013 |
| August | 50.4734 | 49.8157 | 50.0131 |
| September | 50.4268 | 49.7593 | 49.9648 |
| October | 49.9404 | 49.5490 | 49.7930 |
| November | 50.2259 | 49.6268 | 49.9803 |
| December | 50.4363 | 49.7168 | 50.1498 |