YEARLY HIGH
24.1406 LKR
YEARLY LOW
13.0103 LKR
YEARLY AVERAGE
20.9782 LKR

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.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 MVR based on timing:

Yearly Peak High 120,703 LKR
2021 Average 64,281 LKR
Yearly Trough Low 65,052 LKR
Transaction Impact: A difference of 55,651.26 LKR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

24.9349
12.0305
JanuMarcMayJulySeptNove

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)

Seasonal

The 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.

H1 Avg (Jan–Jun) 18.3704
H2 Avg (Jul–Dec) 23.5861

Volatility Range Comparison

Volatility

The 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).

March Spread (Volatile) ±6.0983
January Spread (Stable) ±0.1211

Growth Streaks & Declines

Trends

Between 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.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0992

Same-Month Historical Baseline

YoY Baseline

Comparing 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%).

2022 Avg (December) 23.8595
2021 Avg (December) 13.1132

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