2022 MVR to LKR Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2022.
2022 MVR to LKR Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2022
During 2022, the MVR to LKR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 2, valuing the pair at 24.1406. Conversely, the yearly low was recorded on February 27, dropping to 13.0103.
This high-to-low spread represents a total annual volatility of 11.1303 LKR. From a start-to-finish perspective, comparing the January average rate of 13.1104 to the December average rate of 23.8595, the exchange rate registered a net change of 81.99% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2022 high of 24.1406 was up 82.77% compared to the 2021 peak of 13.2081, 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 LKR 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 18.3704, compared to 23.5861 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 5.2157 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2022 was March, with a trading range of 6.0983 LKR (High: 19.1482 / Low: 13.0499). On the other end, January was the most stable month, with a tight range of 0.1211 LKR (High: 13.1767 / Low: 13.0557).
Growth Streaks & Declines
TrendsBetween February and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.0992 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2022: 23.8595) against the same month in 2021 (average: 13.1132), the exchange rate shifted by +10.7464 (+81.95%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 13.1767 | 13.0557 | 13.1104 |
| February | 13.1741 | 13.0103 | 13.1059 |
| March | 19.1482 | 13.0499 | 16.5487 |
| April | 23.0712 | 19.0830 | 20.9708 |
| May | 23.6226 | 22.6104 | 23.1554 |
| June | 23.5029 | 22.7322 | 23.3310 |
| July | 23.6073 | 23.0542 | 23.3242 |
| August | 23.8155 | 23.0919 | 23.4859 |
| September | 23.8811 | 22.9962 | 23.3867 |
| October | 23.8563 | 23.2931 | 23.6515 |
| November | 24.0322 | 23.3474 | 23.8086 |
| December | 24.1406 | 23.6775 | 23.8595 |