YEARLY HIGH
0.1307 MVR
YEARLY LOW
0.1159 MVR
YEARLY AVERAGE
0.1229 MVR

2022 NPR to MVR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the NPR to MVR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 13, valuing the pair at 0.1307. Conversely, the yearly low was recorded on December 18, dropping to 0.1159.

This high-to-low spread represents a total annual volatility of 0.0149 MVR. From a start-to-finish perspective, comparing the January average rate of 0.1298 to the December average rate of 0.1165, the exchange rate registered a net change of -10.20% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.1307 was down 2.24% compared to the 2021 peak of 0.1337, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 654 MVR
2021 Average 653 MVR
Yearly Trough Low 579 MVR
Transaction Impact: A difference of 74.50 MVR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.1311
0.1152
JanuMarcMayJulySeptNove

NPR 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 0.1267, compared to 0.1190 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0077 points.

H1 Avg (Jan–Jun) 0.1267
H2 Avg (Jul–Dec) 0.1190

Volatility Range Comparison

Volatility

The most volatile month in 2022 was June, with a trading range of 0.0050 MVR (High: 0.1265 / Low: 0.1215). On the other end, February was the most stable month, with a tight range of 0.0017 MVR (High: 0.1295 / Low: 0.1277).

June Spread (Volatile) ±0.0050
February Spread (Stable) ±0.0017

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2022. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0033 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0033

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2022: 0.1298) against the same month in 2021 (average: 0.1317), the exchange rate shifted by -0.0019 (-1.47%).

2022 Avg (January) 0.1298
2021 Avg (January) 0.1317

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1307 0.1286 0.1298
February 0.1295 0.1277 0.1289
March 0.1277 0.1257 0.1267
April 0.1283 0.1256 0.1267
May 0.1265 0.1241 0.1250
June 0.1265 0.1215 0.1234
July 0.1229 0.1202 0.1211
August 0.1231 0.1196 0.1207
September 0.1226 0.1177 0.1205
October 0.1185 0.1161 0.1172
November 0.1201 0.1165 0.1179
December 0.1177 0.1159 0.1165