2022 MVR to IRR Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2022.
2022 MVR to IRR Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2022
During 2022, the MVR to IRR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 2, valuing the pair at 2775.7774. Conversely, the yearly low was recorded on June 12, dropping to 2670.2396.
This high-to-low spread represents a total annual volatility of 105.5378 IRR. From a start-to-finish perspective, comparing the January average rate of 2735.5194 to the December average rate of 2714.0592, the exchange rate registered a net change of -0.78% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2022 high of 2775.7774 was up 1.02% compared to the 2021 peak of 2747.7457, 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 IRR 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 2738.8905, compared to 2742.3519 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 3.4614 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2022 was June, with a trading range of 95.2327 IRR (High: 2765.4723 / Low: 2670.2396). On the other end, January was the most stable month, with a tight range of 12.4214 IRR (High: 2745.1299 / Low: 2732.7085).
Growth Streaks & Declines
TrendsBetween February and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 36.9997 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2022: 2714.0592) against the same month in 2021 (average: 2737.2709), the exchange rate shifted by -23.2117 (-0.85%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 2745.1299 | 2732.7085 | 2735.5194 |
| February | 2743.5065 | 2729.9353 | 2735.3782 |
| March | 2746.7532 | 2723.4799 | 2737.2008 |
| April | 2746.7532 | 2731.0924 | 2739.2972 |
| May | 2745.5429 | 2732.8590 | 2739.7629 |
| June | 2765.4723 | 2670.2396 | 2746.1845 |
| July | 2758.9237 | 2730.5443 | 2749.1077 |
| August | 2758.9577 | 2734.3245 | 2755.4477 |
| September | 2752.4430 | 2725.8115 | 2741.2353 |
| October | 2757.7236 | 2734.6278 | 2743.2026 |
| November | 2769.0802 | 2743.1907 | 2751.0589 |
| December | 2775.7774 | 2685.0649 | 2714.0592 |