2022 MVR to LBP Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2022.
2022 MVR to LBP Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2022
During 2022, the MVR to LBP exchange rate experienced significant fluctuation. The market reached its absolute peak on May 16, valuing the pair at 101.0242. Conversely, the yearly low was recorded on September 12, dropping to 93.9728.
This high-to-low spread represents a total annual volatility of 7.0514 LBP. From a start-to-finish perspective, comparing the January average rate of 97.8504 to the December average rate of 98.7857, the exchange rate registered a net change of 0.96% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2022 high of 101.0242 was up 1.01% compared to the 2021 peak of 100.0150, 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 LBP 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 98.1281, compared to 98.4144 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2862 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2022 was September, with a trading range of 5.7533 LBP (High: 99.7261 / Low: 93.9728). On the other end, August was the most stable month, with a tight range of 1.1870 LBP (High: 99.4160 / Low: 98.2289).
Growth Streaks & Declines
TrendsBetween March and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.9018 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (May 2022: 98.3388) against the same month in 2021 (average: 98.6517), the exchange rate shifted by -0.3129 (-0.32%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 98.9469 | 97.3989 | 97.8504 |
| February | 99.0369 | 97.1448 | 98.0114 |
| March | 98.4894 | 96.6584 | 97.9989 |
| April | 99.1239 | 97.8170 | 98.1654 |
| May | 101.0242 | 97.8087 | 98.3388 |
| June | 99.3071 | 95.9427 | 98.4040 |
| July | 98.6279 | 97.0462 | 98.1375 |
| August | 99.4160 | 98.2289 | 98.8057 |
| September | 99.7261 | 93.9728 | 97.9039 |
| October | 99.0875 | 97.5827 | 98.3848 |
| November | 99.5577 | 96.8470 | 98.4685 |
| December | 99.6399 | 98.1087 | 98.7857 |