2022 SGD to MVR Historical Review

YEARLY HIGH

11.5193 MVR

YEARLY LOW

10.7453 MVR

YEARLY AVERAGE

11.1920 MVR

2022 SGD to MVR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the SGD to MVR exchange rate experienced significant fluctuation. The market reached its absolute peak on February 9, valuing the pair at 11.5193. Conversely, the yearly low was recorded on September 27, dropping to 10.7453.

This high-to-low spread represents a total annual volatility of 0.7739 MVR. From a start-to-finish perspective, comparing the January average rate of 11.4378 to the December average rate of 11.3684, the exchange rate registered a net change of -0.61% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 11.5193 was down 1.56% compared to the 2021 peak of 11.7014, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 57,596 MVR

2021 Average 57,424 MVR

Yearly Trough Low 53,727 MVR

Transaction Impact: A difference of 3,869.56 MVR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

11.5277

10.7818

JanuMarcMayJulySeptNove

SGD 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 11.3158, compared to 11.0682 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.2475 points.

H1 Avg (Jan–Jun) 11.3158

H2 Avg (Jul–Dec) 11.0682

Volatility Range Comparison

Volatility

The most volatile month in 2022 was November, with a trading range of 0.4332 MVR (High: 11.2773 / Low: 10.8441). On the other end, March was the most stable month, with a tight range of 0.1153 MVR (High: 11.4239 / Low: 11.3086).

November Spread (Volatile) ±0.4332

March Spread (Stable) ±0.1153

Growth Streaks & Declines

Trends

Between 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 August and September, when the average rate fell by 0.1646 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.1646

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2022: 11.4656) against the same month in 2021 (average: 11.6028), the exchange rate shifted by -0.1372 (-1.18%).

2022 Avg (February) 11.4656

2021 Avg (February) 11.6028

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	11.5053	11.3593	11.4378
February	11.5193	11.3673	11.4656
March	11.4239	11.3086	11.3679
April	11.3945	11.1432	11.3118
May	11.2989	11.0641	11.1781
June	11.4020	11.0187	11.1335
July	11.1549	10.9451	11.0466
August	11.2221	10.9800	11.0960
September	11.1116	10.7453	10.9314
October	10.9681	10.7465	10.8440
November	11.2773	10.8441	11.1231
December	11.4912	11.2614	11.3684