2022 MVR to SRD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2022.
2022 MVR to SRD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2022
During 2022, the MVR to SRD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 5, valuing the pair at 2.0926. Conversely, the yearly low was recorded on February 14, dropping to 1.3141.
This high-to-low spread represents a total annual volatility of 0.7785 SRD. From a start-to-finish perspective, comparing the January average rate of 1.3694 to the December average rate of 2.0609, the exchange rate registered a net change of 50.49% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2022 high of 2.0926 was up 49.19% compared to the 2021 peak of 1.4026, 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 SRD 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 1.3584, compared to 1.7820 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.4236 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2022 was September, with a trading range of 0.2045 SRD (High: 1.8505 / Low: 1.6459). On the other end, April was the most stable month, with a tight range of 0.0148 SRD (High: 1.3509 / Low: 1.3361).
Growth Streaks & Declines
TrendsBetween March and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 9 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0353 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2022: 2.0609) against the same month in 2021 (average: 1.3728), the exchange rate shifted by +0.6880 (+50.12%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 1.3813 | 1.3512 | 1.3694 |
| February | 1.3547 | 1.3141 | 1.3341 |
| March | 1.3480 | 1.3214 | 1.3339 |
| April | 1.3509 | 1.3361 | 1.3417 |
| May | 1.3685 | 1.3425 | 1.3567 |
| June | 1.4556 | 1.3675 | 1.4147 |
| July | 1.5764 | 1.4474 | 1.4860 |
| August | 1.6386 | 1.5346 | 1.5905 |
| September | 1.8505 | 1.6459 | 1.7488 |
| October | 1.8916 | 1.7801 | 1.8383 |
| November | 2.0633 | 1.9000 | 1.9675 |
| December | 2.0926 | 2.0488 | 2.0609 |