YEARLY HIGH
0.7610 MVR
YEARLY LOW
0.4779 MVR
YEARLY AVERAGE
0.6527 MVR

2022 SRD to MVR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the SRD to MVR exchange rate experienced significant fluctuation. The market reached its absolute peak on February 14, valuing the pair at 0.7610. Conversely, the yearly low was recorded on December 5, dropping to 0.4779.

This high-to-low spread represents a total annual volatility of 0.2831 MVR. From a start-to-finish perspective, comparing the January average rate of 0.7303 to the December average rate of 0.4852, the exchange rate registered a net change of -33.55% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.7610 was down 30.51% compared to the 2021 peak of 1.0951, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,805 MVR
2021 Average 4,414 MVR
Yearly Trough Low 2,389 MVR
Transaction Impact: A difference of 1,415.45 MVR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.7761
0.4588
JanuMarcMayJulySeptNove

SRD 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 0.7365, compared to 0.5688 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1677 points.

H1 Avg (Jan–Jun) 0.7365
H2 Avg (Jul–Dec) 0.5688

Volatility Range Comparison

Volatility

The most volatile month in 2022 was September, with a trading range of 0.0672 MVR (High: 0.6076 / Low: 0.5404). On the other end, April was the most stable month, with a tight range of 0.0082 MVR (High: 0.7485 / Low: 0.7402).

September Spread (Volatile) ±0.0672
April Spread (Stable) ±0.0082

Growth Streaks & Declines

Trends

Between January and March, 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 0.0565 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0565

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2022: 0.7496) against the same month in 2021 (average: 1.0885), the exchange rate shifted by -0.3389 (-31.13%).

2022 Avg (February) 0.7496
2021 Avg (February) 1.0885

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.7401 0.7240 0.7303
February 0.7610 0.7382 0.7496
March 0.7568 0.7418 0.7497
April 0.7485 0.7402 0.7453
May 0.7449 0.7307 0.7371
June 0.7312 0.6870 0.7071
July 0.6909 0.6344 0.6736
August 0.6516 0.6103 0.6289
September 0.6076 0.5404 0.5724
October 0.5618 0.5287 0.5441
November 0.5263 0.4847 0.5085
December 0.4881 0.4779 0.4852