YEARLY HIGH
1.0633 MVR
YEARLY LOW
0.8353 MVR
YEARLY AVERAGE
0.9502 MVR

2022 NAD to MVR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the NAD to MVR exchange rate experienced significant fluctuation. The market reached its absolute peak on March 30, valuing the pair at 1.0633. Conversely, the yearly low was recorded on October 24, dropping to 0.8353.

This high-to-low spread represents a total annual volatility of 0.2280 MVR. From a start-to-finish perspective, comparing the January average rate of 0.9968 to the December average rate of 0.8916, the exchange rate registered a net change of -10.55% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 1.0633 was down 7.15% compared to the 2021 peak of 1.1452, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 5,317 MVR
2021 Average 5,225 MVR
Yearly Trough Low 4,177 MVR
Transaction Impact: A difference of 1,139.97 MVR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

1.0499
0.8350
JanuMarcMayJulySeptNove

NAD 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 1.0032, compared to 0.8972 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1060 points.

H1 Avg (Jan–Jun) 1.0032
H2 Avg (Jul–Dec) 0.8972

Volatility Range Comparison

Volatility

The most volatile month in 2022 was April, with a trading range of 0.0961 MVR (High: 1.0611 / Low: 0.9650). On the other end, October was the most stable month, with a tight range of 0.0302 MVR (High: 0.8655 / Low: 0.8353).

April Spread (Volatile) ±0.0961
October Spread (Stable) ±0.0302

Growth Streaks & Declines

Trends

Between January and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0618 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0618

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2022: 1.0291) against the same month in 2021 (average: 1.0308), the exchange rate shifted by -0.0017 (-0.16%).

2022 Avg (March) 1.0291
2021 Avg (March) 1.0308

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.0262 0.9650 0.9968
February 1.0272 0.9949 1.0142
March 1.0633 0.9674 1.0291
April 1.0611 0.9650 1.0320
May 0.9901 0.9531 0.9701
June 1.0032 0.9546 0.9774
July 0.9771 0.9043 0.9581
August 0.9481 0.9035 0.9198
September 0.9070 0.8545 0.8808
October 0.8655 0.8353 0.8529
November 0.9059 0.8440 0.8800
December 0.9064 0.8710 0.8916