2022 MVR to USD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2022.
2022 MVR to USD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2022
During 2022, the MVR to USD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 2, valuing the pair at 0.0655. Conversely, the yearly low was recorded on June 12, dropping to 0.0631.
This high-to-low spread represents a total annual volatility of 0.0024 USD. From a start-to-finish perspective, comparing the January average rate of 0.0647 to the December average rate of 0.0651, the exchange rate registered a net change of 0.50% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2022 high of 0.0655 was up 0.44% compared to the 2021 peak of 0.0652, 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 USD 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 0.0648, compared to 0.0649 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0002 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2022 was June, with a trading range of 0.0021 USD (High: 0.0651 / Low: 0.0631). On the other end, May was the most stable month, with a tight range of 0.0001 USD (High: 0.0648 / Low: 0.0647).
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 0.0003 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2022: 0.0651) against the same month in 2021 (average: 0.0648), the exchange rate shifted by +0.0003 (+0.44%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 0.0649 | 0.0646 | 0.0647 |
| February | 0.0649 | 0.0647 | 0.0647 |
| March | 0.0649 | 0.0647 | 0.0647 |
| April | 0.0649 | 0.0646 | 0.0647 |
| May | 0.0648 | 0.0647 | 0.0647 |
| June | 0.0651 | 0.0631 | 0.0649 |
| July | 0.0651 | 0.0645 | 0.0649 |
| August | 0.0651 | 0.0646 | 0.0651 |
| September | 0.0651 | 0.0643 | 0.0648 |
| October | 0.0650 | 0.0647 | 0.0648 |
| November | 0.0652 | 0.0648 | 0.0649 |
| December | 0.0655 | 0.0648 | 0.0651 |