2022 MVR to ZAR Historical Review

YEARLY HIGH

1.1956 ZAR

YEARLY LOW

0.9383 ZAR

YEARLY AVERAGE

1.0613 ZAR

2022 MVR to ZAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the MVR to ZAR exchange rate experienced significant fluctuation. The market reached its absolute peak on October 24, valuing the pair at 1.1956. Conversely, the yearly low was recorded on March 30, dropping to 0.9383.

This high-to-low spread represents a total annual volatility of 0.2573 ZAR. From a start-to-finish perspective, comparing the January average rate of 1.0034 to the December average rate of 1.1248, the exchange rate registered a net change of 12.10% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 1.1956 was up 13.51% compared to the 2021 peak of 1.0533, 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 5,978 ZAR

2021 Average 4,792 ZAR

Yearly Trough Low 4,691 ZAR

Transaction Impact: A difference of 1,286.65 ZAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

1.1941

0.9482

JanuMarcMayJulySeptNove

MVR to ZAR 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 0.9978, compared to 1.1248 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1270 points.

H1 Avg (Jan–Jun) 0.9978

H2 Avg (Jul–Dec) 1.1248

Volatility Range Comparison

Volatility

The most volatile month in 2022 was April, with a trading range of 0.0948 ZAR (High: 1.0352 / Low: 0.9404). On the other end, February was the most stable month, with a tight range of 0.0316 ZAR (High: 1.0029 / Low: 0.9713).

April Spread (Volatile) ±0.0948

February Spread (Stable) ±0.0316

Growth Streaks & Declines

Trends

Between March and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0411 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0411

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2022: 1.1736) against the same month in 2021 (average: 0.9633), the exchange rate shifted by +0.2103 (+21.83%).

2022 Avg (October) 1.1736

2021 Avg (October) 0.9633

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.0381	0.9757	1.0034
February	1.0029	0.9713	0.9861
March	1.0006	0.9383	0.9687
April	1.0352	0.9404	0.9728
May	1.0519	1.0020	1.0291
June	1.0615	0.9905	1.0266
July	1.1143	1.0628	1.0917
August	1.1158	1.0533	1.0880
September	1.1709	1.1036	1.1384
October	1.1956	1.1419	1.1736
November	1.1938	1.1042	1.1325
December	1.1493	1.0990	1.1248