2022 MXN to MVR Historical Review

YEARLY HIGH

0.7992 MVR

YEARLY LOW

0.7231 MVR

YEARLY AVERAGE

0.7673 MVR

2022 MXN to MVR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the MXN to MVR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 1, valuing the pair at 0.7992. Conversely, the yearly low was recorded on March 8, dropping to 0.7231.

This high-to-low spread represents a total annual volatility of 0.0762 MVR. From a start-to-finish perspective, comparing the January average rate of 0.7536 to the December average rate of 0.7848, the exchange rate registered a net change of 4.14% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.7992 was up 1.66% compared to the 2021 peak of 0.7862, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 50,000 MXN based on timing:

Yearly Peak High 39,962 MVR

2021 Average 38,056 MVR

Yearly Trough Low 36,154 MVR

Transaction Impact: A difference of 3,807.56 MVR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.7959

0.7473

JanuMarcMayJulySeptNove

MXN to MVR 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 0.7623, compared to 0.7723 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0100 points.

H1 Avg (Jan–Jun) 0.7623

H2 Avg (Jul–Dec) 0.7723

Volatility Range Comparison

Volatility

The most volatile month in 2022 was March, with a trading range of 0.0542 MVR (High: 0.7773 / Low: 0.7231). On the other end, October was the most stable month, with a tight range of 0.0116 MVR (High: 0.7785 / Low: 0.7669).

March Spread (Volatile) ±0.0542

October Spread (Stable) ±0.0116

Growth Streaks & Declines

Trends

Between July and November, 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 June and July, when the average rate fell by 0.0203 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0203

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2022: 0.7848) against the same month in 2021 (average: 0.7390), the exchange rate shifted by +0.0457 (+6.19%).

2022 Avg (December) 0.7848

2021 Avg (December) 0.7390

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.7613	0.7417	0.7536
February	0.7630	0.7470	0.7548
March	0.7773	0.7231	0.7521
April	0.7817	0.7553	0.7698
May	0.7902	0.7551	0.7720
June	0.7922	0.7467	0.7717
July	0.7585	0.7429	0.7514
August	0.7748	0.7433	0.7631
September	0.7819	0.7582	0.7702
October	0.7785	0.7669	0.7725
November	0.7988	0.7812	0.7919
December	0.7992	0.7728	0.7848