2022 MVR to MWK Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2022.
2022 MVR to MWK Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2022
During 2022, the MVR to MWK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 2, valuing the pair at 67.2340. Conversely, the yearly low was recorded on February 26, dropping to 51.6333.
This high-to-low spread represents a total annual volatility of 15.6008 MWK. From a start-to-finish perspective, comparing the January average rate of 52.8256 to the December average rate of 66.6853, the exchange rate registered a net change of 26.24% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2022 high of 67.2340 was up 25.95% compared to the 2021 peak of 53.3818, 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 MWK 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 54.4595, compared to 66.5212 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 12.0617 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2022 was June, with a trading range of 14.0062 MWK (High: 66.8550 / Low: 52.8488). On the other end, January was the most stable month, with a tight range of 0.3878 MWK (High: 52.9697 / Low: 52.5820).
Growth Streaks & Declines
TrendsBetween February and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.6487 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2022: 66.6853) against the same month in 2021 (average: 52.7976), the exchange rate shifted by +13.8876 (+26.30%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 52.9697 | 52.5820 | 52.8256 |
| February | 53.0382 | 51.6333 | 52.1769 |
| March | 53.1857 | 52.0032 | 52.5227 |
| April | 53.0816 | 52.3948 | 52.7335 |
| May | 54.2756 | 52.6425 | 52.8641 |
| June | 66.8550 | 52.8488 | 63.6342 |
| July | 66.8842 | 65.8787 | 66.5623 |
| August | 67.2122 | 66.1381 | 66.7078 |
| September | 66.8598 | 65.4802 | 66.3077 |
| October | 66.7641 | 65.7340 | 66.3479 |
| November | 66.9586 | 65.7447 | 66.5164 |
| December | 67.2340 | 66.0475 | 66.6853 |