2022 MVR to SYP Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2022.
2022 MVR to SYP Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2022
During 2022, the MVR to SYP exchange rate experienced significant fluctuation. The market reached its absolute peak on December 2, valuing the pair at 164.4864. Conversely, the yearly low was recorded on June 12, dropping to 158.4193.
This high-to-low spread represents a total annual volatility of 6.0671 SYP. From a start-to-finish perspective, comparing the January average rate of 162.6104 to the December average rate of 163.4506, the exchange rate registered a net change of 0.52% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2022 high of 164.4864 was up 0.82% compared to the 2021 peak of 163.1494, 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 SYP 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 162.6845, compared to 163.1151 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.4306 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2022 was June, with a trading range of 5.2652 SYP (High: 163.6845 / Low: 158.4193). On the other end, May was the most stable month, with a tight range of 0.3739 SYP (High: 162.8869 / Low: 162.5129).
Growth Streaks & Declines
TrendsBetween April and August, 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 0.8537 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2022: 163.4506) against the same month in 2021 (average: 162.7304), the exchange rate shifted by +0.7202 (+0.44%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 163.1494 | 162.3788 | 162.6104 |
| February | 163.1169 | 162.4838 | 162.6022 |
| March | 163.1169 | 162.4838 | 162.6213 |
| April | 163.1461 | 162.4079 | 162.6151 |
| May | 162.8869 | 162.5129 | 162.6688 |
| June | 163.6845 | 158.4193 | 162.9891 |
| July | 163.6827 | 161.9970 | 163.1170 |
| August | 163.6827 | 162.4131 | 163.5492 |
| September | 163.6827 | 161.5255 | 162.6956 |
| October | 163.4166 | 162.4656 | 162.7479 |
| November | 163.8963 | 162.8341 | 163.1305 |
| December | 164.4864 | 162.8869 | 163.4506 |