2022 MVR to ARS Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2022.
2022 MVR to ARS Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2022
During 2022, the MVR to ARS exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 11.4986. Conversely, the yearly low was recorded on January 9, dropping to 6.6524.
This high-to-low spread represents a total annual volatility of 4.8462 ARS. From a start-to-finish perspective, comparing the January average rate of 6.7249 to the December average rate of 11.2081, the exchange rate registered a net change of 66.67% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2022 high of 11.4986 was up 72.44% compared to the 2021 peak of 6.6682, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 MVR based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2022.
MVR to ARS 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 7.2689, compared to 9.6626 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.3937 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2022 was November, with a trading range of 0.7126 ARS (High: 10.9130 / Low: 10.2003). On the other end, January was the most stable month, with a tight range of 0.1537 ARS (High: 6.8062 / Low: 6.6524).
Growth Streaks & Declines
TrendsBetween January and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 11 straight months. No significant month-over-month rate declines were detected.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2022: 11.2081) against the same month in 2021 (average: 6.5964), the exchange rate shifted by +4.6117 (+69.91%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 6.8062 | 6.6524 | 6.7249 |
| February | 6.9626 | 6.8036 | 6.8860 |
| March | 7.2066 | 6.9512 | 7.0827 |
| April | 7.4696 | 7.1930 | 7.3346 |
| May | 7.7879 | 7.4665 | 7.6259 |
| June | 8.1558 | 7.7414 | 7.9593 |
| July | 8.5423 | 8.1338 | 8.3296 |
| August | 9.0315 | 8.5370 | 8.8087 |
| September | 9.5341 | 9.0503 | 9.2567 |
| October | 10.1760 | 9.5341 | 9.8510 |
| November | 10.9130 | 10.2003 | 10.5214 |
| December | 11.4986 | 10.9574 | 11.2081 |