2022 MVR to COP Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2022.
2022 MVR to COP Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2022
During 2022, the MVR to COP exchange rate experienced significant fluctuation. The market reached its absolute peak on November 8, valuing the pair at 329.4338. Conversely, the yearly low was recorded on April 5, dropping to 241.0181.
This high-to-low spread represents a total annual volatility of 88.4158 COP. From a start-to-finish perspective, comparing the January average rate of 258.9539 to the December average rate of 311.5752, the exchange rate registered a net change of 20.32% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2022 high of 329.4338 was up 25.20% compared to the 2021 peak of 263.1177, 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 COP 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 253.6441, compared to 298.2020 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 44.5579 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2022 was October, with a trading range of 30.5974 COP (High: 321.0948 / Low: 290.4973). On the other end, February was the most stable month, with a tight range of 5.4737 COP (High: 256.7181 / Low: 251.2444).
Growth Streaks & Declines
TrendsBetween August and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 8.5112 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (November 2022: 319.4026) against the same month in 2021 (average: 252.7198), the exchange rate shifted by +66.6828 (+26.39%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 264.6842 | 254.5846 | 258.9539 |
| February | 256.7181 | 251.2444 | 254.9787 |
| March | 255.8274 | 241.8123 | 246.4675 |
| April | 258.4245 | 241.0181 | 245.9938 |
| May | 265.9834 | 245.3155 | 260.5489 |
| June | 270.6788 | 244.8613 | 254.9219 |
| July | 299.0529 | 270.9068 | 284.3503 |
| August | 288.6477 | 270.2212 | 281.9503 |
| September | 294.7222 | 280.8792 | 287.3443 |
| October | 321.0948 | 290.4973 | 304.5895 |
| November | 329.4338 | 309.2074 | 319.4026 |
| December | 316.2329 | 307.4150 | 311.5752 |