2022 MVR to MGA Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2022.
2022 MVR to MGA Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2022
During 2022, the MVR to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 290.8147. Conversely, the yearly low was recorded on January 4, dropping to 255.7601.
This high-to-low spread represents a total annual volatility of 35.0546 MGA. From a start-to-finish perspective, comparing the January average rate of 257.6109 to the December average rate of 287.6011, the exchange rate registered a net change of 11.64% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2022 high of 290.8147 was up 12.29% compared to the 2021 peak of 258.9965, 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 MGA 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 259.8419, compared to 275.5673 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 15.7254 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2022 was July, with a trading range of 11.7819 MGA (High: 274.4783 / Low: 262.6964). On the other end, February was the most stable month, with a tight range of 2.9820 MGA (High: 259.5725 / Low: 256.5905).
Growth Streaks & Declines
TrendsBetween May and August, 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 1.2012 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2022: 287.6011) against the same month in 2021 (average: 256.9605), the exchange rate shifted by +30.6406 (+11.92%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 258.8997 | 255.7601 | 257.6109 |
| February | 259.5725 | 256.5905 | 258.1230 |
| March | 262.9741 | 258.1245 | 260.3225 |
| April | 262.7616 | 257.6003 | 260.2746 |
| May | 262.0791 | 257.8504 | 259.9826 |
| June | 265.7433 | 256.5848 | 262.7381 |
| July | 274.4783 | 262.6964 | 268.9415 |
| August | 275.7181 | 267.4959 | 271.7993 |
| September | 275.3501 | 266.3219 | 270.5980 |
| October | 277.5586 | 271.6505 | 274.8008 |
| November | 284.4928 | 274.4676 | 279.6632 |
| December | 290.8147 | 284.5068 | 287.6011 |