YEARLY HIGH
2.4820 THB
YEARLY LOW
2.0790 THB
YEARLY AVERAGE
2.2707 THB

2022 MVR to THB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the MVR to THB exchange rate experienced significant fluctuation. The market reached its absolute peak on October 24, valuing the pair at 2.4820. Conversely, the yearly low was recorded on February 17, dropping to 2.0790.

This high-to-low spread represents a total annual volatility of 0.4030 THB. From a start-to-finish perspective, comparing the January average rate of 2.1508 to the December average rate of 2.2608, the exchange rate registered a net change of 5.12% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 2.4820 was up 12.90% compared to the 2021 peak of 2.1984, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 MVR based on timing:

Yearly Peak High 12,410 THB
2021 Average 10,365 THB
Yearly Trough Low 10,395 THB
Transaction Impact: A difference of 2,015.05 THB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

2.4909
2.0766
JanuMarcMayJulySeptNove

MVR to THB Seasonal Trends & Volatility Analysis

A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.

Seasonal Halves (H1 vs H2)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 2.1821, compared to 2.3593 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1772 points.

H1 Avg (Jan–Jun) 2.1821
H2 Avg (Jul–Dec) 2.3593

Volatility Range Comparison

Volatility

The most volatile month in 2022 was November, with a trading range of 0.1767 THB (High: 2.4650 / Low: 2.2883). On the other end, May was the most stable month, with a tight range of 0.0451 THB (High: 2.2496 / Low: 2.2045).

November Spread (Volatile) ±0.1767
May Spread (Stable) ±0.0451

Growth Streaks & Declines

Trends

Between February and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.1004 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.1004

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2022: 2.4564) against the same month in 2021 (average: 2.1673), the exchange rate shifted by +0.2891 (+13.34%).

2022 Avg (October) 2.4564
2021 Avg (October) 2.1673

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.1768 2.1267 2.1508
February 2.1506 2.0790 2.1112
March 2.1867 2.1027 2.1520
April 2.2317 2.1648 2.1865
May 2.2496 2.2045 2.2261
June 2.3097 2.1939 2.2662
July 2.3925 2.3116 2.3572
August 2.3848 2.2932 2.3319
September 2.4569 2.3320 2.3935
October 2.4820 2.4166 2.4564
November 2.4650 2.2883 2.3560
December 2.2953 2.2414 2.2608