2022 MVR to KES Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2022.
2022 MVR to KES Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2022
During 2022, the MVR to KES exchange rate experienced significant fluctuation. The market reached its absolute peak on December 5, valuing the pair at 8.0315. Conversely, the yearly low was recorded on January 9, dropping to 7.3039.
This high-to-low spread represents a total annual volatility of 0.7276 KES. From a start-to-finish perspective, comparing the January average rate of 7.3399 to the December average rate of 8.0042, the exchange rate registered a net change of 9.05% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2022 high of 8.0315 was up 8.92% compared to the 2021 peak of 7.3739, 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 KES 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 7.4542, compared to 7.8380 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.3838 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2022 was June, with a trading range of 0.3023 KES (High: 7.6794 / Low: 7.3770). On the other end, February was the most stable month, with a tight range of 0.0495 KES (High: 7.3822 / Low: 7.3328).
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: 8.0042) against the same month in 2021 (average: 7.3180), the exchange rate shifted by +0.6862 (+9.38%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 7.3560 | 7.3039 | 7.3399 |
| February | 7.3822 | 7.3328 | 7.3599 |
| March | 7.4702 | 7.3665 | 7.4075 |
| April | 7.5218 | 7.4418 | 7.4767 |
| May | 7.5705 | 7.4951 | 7.5297 |
| June | 7.6794 | 7.3770 | 7.6114 |
| July | 7.7446 | 7.6140 | 7.6836 |
| August | 7.8223 | 7.6921 | 7.7830 |
| September | 7.8283 | 7.7531 | 7.8009 |
| October | 7.8860 | 7.8155 | 7.8418 |
| November | 7.9930 | 7.8152 | 7.9147 |
| December | 8.0315 | 7.9810 | 8.0042 |