2022 NZD to MVR Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2022.
2022 NZD to MVR Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2022
During 2022, the NZD to MVR exchange rate experienced significant fluctuation. The market reached its absolute peak on March 30, valuing the pair at 10.7671. Conversely, the yearly low was recorded on October 15, dropping to 8.5989.
This high-to-low spread represents a total annual volatility of 2.1682 MVR. From a start-to-finish perspective, comparing the January average rate of 10.4128 to the December average rate of 9.7679, the exchange rate registered a net change of -6.19% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2022 high of 10.7671 was down 6.06% compared to the 2021 peak of 11.4622, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 NZD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2022.
NZD to MVR 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 10.2443, compared to 9.3765 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.8678 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2022 was September, with a trading range of 0.8828 MVR (High: 9.5317 / Low: 8.6489). On the other end, July was the most stable month, with a tight range of 0.2118 MVR (High: 9.6704 / Low: 9.4586).
Growth Streaks & Declines
TrendsBetween October and December, 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 April and May, when the average rate fell by 0.5345 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (March 2022: 10.6181) against the same month in 2021 (average: 11.0106), the exchange rate shifted by -0.3925 (-3.56%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 10.5987 | 10.1109 | 10.4128 |
| February | 10.4612 | 10.1812 | 10.3117 |
| March | 10.7671 | 10.4260 | 10.6181 |
| April | 10.7385 | 9.9732 | 10.4304 |
| May | 10.1266 | 9.6474 | 9.8959 |
| June | 10.1241 | 9.5522 | 9.7972 |
| July | 9.6704 | 9.4586 | 9.5585 |
| August | 9.9077 | 9.3759 | 9.6098 |
| September | 9.5317 | 8.6489 | 9.1736 |
| October | 8.9892 | 8.5989 | 8.7823 |
| November | 9.6788 | 8.8946 | 9.3670 |
| December | 9.9381 | 9.6411 | 9.7679 |