2022 MVR to LAK Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2022.
2022 MVR to LAK Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2022
During 2022, the MVR to LAK exchange rate experienced significant fluctuation. The market reached its absolute peak on November 20, valuing the pair at 1196.8861. Conversely, the yearly low was recorded on January 8, dropping to 724.5685.
This high-to-low spread represents a total annual volatility of 472.3177 LAK. From a start-to-finish perspective, comparing the January average rate of 730.1219 to the December average rate of 1127.1584, the exchange rate registered a net change of 54.38% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2022 high of 1196.8861 was up 55.33% compared to the 2021 peak of 770.5559, 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 LAK 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 794.7799, compared to 1055.4503 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 260.6704 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2022 was June, with a trading range of 113.2623 LAK (High: 980.8296 / Low: 867.5673). On the other end, February was the most stable month, with a tight range of 6.8234 LAK (High: 740.9982 / Low: 734.1748).
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 (November 2022: 1113.9618) against the same month in 2021 (average: 687.5235), the exchange rate shifted by +426.4383 (+62.03%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 733.6037 | 724.5685 | 730.1219 |
| February | 740.9982 | 734.1748 | 737.7948 |
| March | 760.2627 | 738.6914 | 747.0351 |
| April | 782.4073 | 760.1876 | 771.2370 |
| May | 870.4594 | 801.7799 | 839.0039 |
| June | 980.8296 | 867.5673 | 943.4865 |
| July | 982.3491 | 964.2384 | 975.0526 |
| August | 1004.3447 | 975.1304 | 993.2218 |
| September | 1070.3211 | 1004.8497 | 1029.7084 |
| October | 1124.8327 | 1069.2453 | 1093.5987 |
| November | 1196.8861 | 1096.4069 | 1113.9618 |
| December | 1136.1702 | 1122.0857 | 1127.1584 |