2022 MVR to PKR Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2022.
2022 MVR to PKR Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2022
During 2022, the MVR to PKR exchange rate experienced significant fluctuation. The market reached its absolute peak on July 28, valuing the pair at 15.5867. Conversely, the yearly low was recorded on February 8, dropping to 11.2776.
This high-to-low spread represents a total annual volatility of 4.3091 PKR. From a start-to-finish perspective, comparing the January average rate of 11.4277 to the December average rate of 14.6526, the exchange rate registered a net change of 28.22% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2022 high of 15.5867 was up 33.96% compared to the 2021 peak of 11.6352, 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 PKR 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 12.0433, compared to 14.4751 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.4318 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2022 was July, with a trading range of 2.2842 PKR (High: 15.5867 / Low: 13.3025). On the other end, December was the most stable month, with a tight range of 0.1221 PKR (High: 14.7204 / Low: 14.5984).
Growth Streaks & Declines
TrendsBetween February and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.6030 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (July 2022: 14.1440) against the same month in 2021 (average: 10.3827), the exchange rate shifted by +3.7613 (+36.23%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 11.5747 | 11.3743 | 11.4277 |
| February | 11.5041 | 11.2776 | 11.3693 |
| March | 11.8529 | 11.4955 | 11.6543 |
| April | 12.1453 | 11.7517 | 11.9592 |
| May | 13.1231 | 12.0139 | 12.5658 |
| June | 13.7614 | 12.8013 | 13.2835 |
| July | 15.5867 | 13.3025 | 14.1440 |
| August | 15.4666 | 13.9020 | 14.3710 |
| September | 15.5832 | 14.1994 | 14.9238 |
| October | 14.7783 | 14.0434 | 14.3208 |
| November | 14.6391 | 14.2198 | 14.4383 |
| December | 14.7204 | 14.5984 | 14.6526 |