2022 LKR to MVR Historical Review

YEARLY HIGH

0.0769 MVR

YEARLY LOW

0.0414 MVR

YEARLY AVERAGE

0.0502 MVR

2022 LKR to MVR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the LKR to MVR exchange rate experienced significant fluctuation. The market reached its absolute peak on February 27, valuing the pair at 0.0769. Conversely, the yearly low was recorded on December 2, dropping to 0.0414.

This high-to-low spread represents a total annual volatility of 0.0354 MVR. From a start-to-finish perspective, comparing the January average rate of 0.0763 to the December average rate of 0.0419, the exchange rate registered a net change of -45.05% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.0769 was down 7.08% compared to the 2021 peak of 0.0827, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 384 MVR

2021 Average 389 MVR

Yearly Trough Low 207 MVR

Transaction Impact: A difference of 177.19 MVR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.0797

0.0385

JanuMarcMayJulySeptNove

LKR 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 0.0580, compared to 0.0424 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0156 points.

H1 Avg (Jan–Jun) 0.0580

H2 Avg (Jul–Dec) 0.0424

Volatility Range Comparison

Volatility

The most volatile month in 2022 was March, with a trading range of 0.0244 MVR (High: 0.0766 / Low: 0.0522). On the other end, January was the most stable month, with a tight range of 0.0007 MVR (High: 0.0766 / Low: 0.0759).

March Spread (Volatile) ±0.0244

January Spread (Stable) ±0.0007

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 February and March, when the average rate fell by 0.0147 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0147

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2022: 0.0763) against the same month in 2021 (average: 0.0792), the exchange rate shifted by -0.0029 (-3.64%).

2022 Avg (February) 0.0763

2021 Avg (February) 0.0792

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0766	0.0759	0.0763
February	0.0769	0.0759	0.0763
March	0.0766	0.0522	0.0616
April	0.0524	0.0433	0.0478
May	0.0442	0.0423	0.0432
June	0.0440	0.0425	0.0429
July	0.0434	0.0424	0.0429
August	0.0433	0.0420	0.0426
September	0.0435	0.0419	0.0428
October	0.0429	0.0419	0.0423
November	0.0428	0.0416	0.0420
December	0.0422	0.0414	0.0419