YEARLY HIGH
0.1515 FJD
YEARLY LOW
0.1347 FJD
YEARLY AVERAGE
0.1419 FJD

2022 MVR to FJD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the MVR to FJD exchange rate experienced significant fluctuation. The market reached its absolute peak on October 23, valuing the pair at 0.1515. Conversely, the yearly low was recorded on April 5, dropping to 0.1347.

This high-to-low spread represents a total annual volatility of 0.0168 FJD. From a start-to-finish perspective, comparing the January average rate of 0.1379 to the December average rate of 0.1437, the exchange rate registered a net change of 4.18% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.1515 was up 9.16% compared to the 2021 peak of 0.1388, 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 757 FJD
2021 Average 670 FJD
Yearly Trough Low 673 FJD
Transaction Impact: A difference of 83.95 FJD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.1508
0.1349
JanuMarcMayJulySeptNove

MVR to FJD 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 0.1386, compared to 0.1453 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0067 points.

H1 Avg (Jan–Jun) 0.1386
H2 Avg (Jul–Dec) 0.1453

Volatility Range Comparison

Volatility

The most volatile month in 2022 was September, with a trading range of 0.0079 FJD (High: 0.1506 / Low: 0.1427). On the other end, February was the most stable month, with a tight range of 0.0016 FJD (High: 0.1391 / Low: 0.1375).

September Spread (Volatile) ±0.0079
February Spread (Stable) ±0.0016

Growth Streaks & Declines

Trends

Between March and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0037 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0037

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2022: 0.1495) against the same month in 2021 (average: 0.1354), the exchange rate shifted by +0.0141 (+10.41%).

2022 Avg (October) 0.1495
2021 Avg (October) 0.1354

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1401 0.1367 0.1379
February 0.1391 0.1375 0.1382
March 0.1381 0.1349 0.1363
April 0.1400 0.1347 0.1370
May 0.1438 0.1385 0.1408
June 0.1444 0.1378 0.1412
July 0.1455 0.1421 0.1435
August 0.1457 0.1379 0.1431
September 0.1506 0.1427 0.1462
October 0.1515 0.1477 0.1495
November 0.1499 0.1437 0.1457
December 0.1451 0.1418 0.1437