2022 MVR to KRW Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2022.
2022 MVR to KRW Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2022
During 2022, the MVR to KRW exchange rate experienced significant fluctuation. The market reached its absolute peak on October 24, valuing the pair at 93.8591. Conversely, the yearly low was recorded on January 13, dropping to 76.8172.
This high-to-low spread represents a total annual volatility of 17.0420 KRW. From a start-to-finish perspective, comparing the January average rate of 77.4153 to the December average rate of 84.1925, the exchange rate registered a net change of 8.75% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2022 high of 93.8591 was up 20.65% compared to the 2021 peak of 77.7936, 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 KRW 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 79.8353, compared to 87.6092 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 7.7739 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2022 was November, with a trading range of 7.1336 KRW (High: 92.3508 / Low: 85.2172). On the other end, February was the most stable month, with a tight range of 0.8950 KRW (High: 78.0618 / Low: 77.1668).
Growth Streaks & Declines
TrendsBetween January and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 9 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 4.6310 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (October 2022: 92.5096) against the same month in 2021 (average: 76.5424), the exchange rate shifted by +15.9671 (+20.86%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 78.3049 | 76.8172 | 77.4153 |
| February | 78.0618 | 77.1668 | 77.5452 |
| March | 80.3947 | 77.8819 | 79.0614 |
| April | 82.3567 | 78.6214 | 80.0159 |
| May | 83.5502 | 80.1023 | 82.0341 |
| June | 84.8244 | 80.4150 | 82.9401 |
| July | 85.7755 | 83.4827 | 84.8083 |
| August | 87.9837 | 84.4342 | 86.0150 |
| September | 93.2188 | 88.3518 | 90.2514 |
| October | 93.8591 | 91.1158 | 92.5096 |
| November | 92.3508 | 85.2172 | 87.8786 |
| December | 85.8867 | 81.8079 | 84.1925 |