YEARLY HIGH
0.0674 EUR
YEARLY LOW
0.0565 EUR
YEARLY AVERAGE
0.0616 EUR

2022 MVR to EUR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the MVR to EUR exchange rate experienced significant fluctuation. The market reached its absolute peak on September 27, valuing the pair at 0.0674. Conversely, the yearly low was recorded on January 13, dropping to 0.0565.

This high-to-low spread represents a total annual volatility of 0.0109 EUR. From a start-to-finish perspective, comparing the January average rate of 0.0572 to the December average rate of 0.0614, the exchange rate registered a net change of 7.39% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.0674 was up 16.30% compared to the 2021 peak of 0.0580, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 337 EUR
2021 Average 274 EUR
Yearly Trough Low 282 EUR
Transaction Impact: A difference of 54.55 EUR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.0667
0.0562
JanuMarcMayJulySeptNove

MVR to EUR 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 0.0593, compared to 0.0640 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0048 points.

H1 Avg (Jan–Jun) 0.0593
H2 Avg (Jul–Dec) 0.0640

Volatility Range Comparison

Volatility

The most volatile month in 2022 was November, with a trading range of 0.0041 EUR (High: 0.0665 / Low: 0.0624). On the other end, February was the most stable month, with a tight range of 0.0014 EUR (High: 0.0579 / Low: 0.0565).

November Spread (Volatile) ±0.0041
February Spread (Stable) ±0.0014

Growth Streaks & Declines

Trends

Between February and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0024 points.

Longest Streak 8 Mo.
Sharpest MoM Drop -0.0024

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2022: 0.0653) against the same month in 2021 (average: 0.0550), the exchange rate shifted by +0.0103 (+18.70%).

2022 Avg (September) 0.0653
2021 Avg (September) 0.0550

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0581 0.0565 0.0572
February 0.0579 0.0565 0.0571
March 0.0596 0.0580 0.0588
April 0.0616 0.0585 0.0599
May 0.0624 0.0601 0.0612
June 0.0625 0.0601 0.0614
July 0.0645 0.0623 0.0637
August 0.0656 0.0631 0.0643
September 0.0674 0.0637 0.0653
October 0.0667 0.0644 0.0659
November 0.0665 0.0624 0.0635
December 0.0624 0.0605 0.0614