2022 MVR to HUF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2022.
2022 MVR to HUF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2022
During 2022, the MVR to HUF exchange rate experienced significant fluctuation. The market reached its absolute peak on October 12, valuing the pair at 28.8246. Conversely, the yearly low was recorded on February 9, dropping to 19.9871.
This high-to-low spread represents a total annual volatility of 8.8375 HUF. From a start-to-finish perspective, comparing the January average rate of 20.5299 to the December average rate of 25.0087, the exchange rate registered a net change of 21.82% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2022 high of 28.8246 was up 34.89% compared to the 2021 peak of 21.3688, 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 HUF 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 22.2540, compared to 26.0423 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 3.7884 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2022 was September, with a trading range of 2.6128 HUF (High: 27.9412 / Low: 25.3285). On the other end, January was the most stable month, with a tight range of 1.0785 HUF (High: 21.0851 / Low: 20.0066).
Growth Streaks & Declines
TrendsBetween 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 1.6623 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (October 2022: 27.4999) against the same month in 2021 (average: 20.1434), the exchange rate shifted by +7.3565 (+36.52%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 21.0851 | 20.0066 | 20.5299 |
| February | 21.4104 | 19.9871 | 20.4205 |
| March | 23.4503 | 21.2990 | 22.1817 |
| April | 23.3191 | 21.5052 | 22.4337 |
| May | 24.1805 | 22.9016 | 23.5892 |
| June | 25.0189 | 23.4673 | 24.3689 |
| July | 26.3983 | 24.9925 | 25.6429 |
| August | 27.0326 | 24.8837 | 25.8312 |
| September | 27.9412 | 25.3285 | 26.4337 |
| October | 28.8246 | 26.3442 | 27.4999 |
| November | 27.0107 | 25.3984 | 25.8377 |
| December | 25.9422 | 24.2369 | 25.0087 |