2022 MVR to EGP Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2022.
2022 MVR to EGP Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2022
During 2022, the MVR to EGP exchange rate experienced significant fluctuation. The market reached its absolute peak on December 2, valuing the pair at 1.6086. Conversely, the yearly low was recorded on March 13, dropping to 1.0135.
This high-to-low spread represents a total annual volatility of 0.5951 EGP. From a start-to-finish perspective, comparing the January average rate of 1.0175 to the December average rate of 1.6041, the exchange rate registered a net change of 57.65% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2022 high of 1.6086 was up 56.37% compared to the 2021 peak of 1.0287, 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 EGP 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 1.1193, compared to 1.3706 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2513 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2022 was October, with a trading range of 0.3034 EGP (High: 1.5680 / Low: 1.2646). On the other end, January was the most stable month, with a tight range of 0.0047 EGP (High: 1.0201 / Low: 1.0154).
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: 1.6041) against the same month in 2021 (average: 1.0180), the exchange rate shifted by +0.5861 (+57.57%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 1.0201 | 1.0154 | 1.0175 |
| February | 1.0204 | 1.0154 | 1.0179 |
| March | 1.2051 | 1.0135 | 1.0788 |
| April | 1.2049 | 1.1799 | 1.1931 |
| May | 1.2057 | 1.1827 | 1.1938 |
| June | 1.2250 | 1.1825 | 1.2149 |
| July | 1.2349 | 1.2160 | 1.2265 |
| August | 1.2539 | 1.2284 | 1.2466 |
| September | 1.2699 | 1.2430 | 1.2552 |
| October | 1.5680 | 1.2646 | 1.3057 |
| November | 1.6025 | 1.5508 | 1.5854 |
| December | 1.6086 | 1.6003 | 1.6041 |