YEARLY HIGH
1.0648 MVR
YEARLY LOW
0.8384 MVR
YEARLY AVERAGE
0.9471 MVR

2022 SZL to MVR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the SZL to MVR exchange rate experienced significant fluctuation. The market reached its absolute peak on April 13, valuing the pair at 1.0648. Conversely, the yearly low was recorded on October 31, dropping to 0.8384.

This high-to-low spread represents a total annual volatility of 0.2264 MVR. From a start-to-finish perspective, comparing the January average rate of 0.9985 to the December average rate of 0.8907, the exchange rate registered a net change of -10.80% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 1.0648 was down 7.05% compared to the 2021 peak of 1.1455, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 5,324 MVR
2021 Average 5,230 MVR
Yearly Trough Low 4,192 MVR
Transaction Impact: A difference of 1,132.08 MVR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

1.0490
0.8339
JanuMarcMayJulySeptNove

SZL 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 1.0038, compared to 0.8903 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1134 points.

H1 Avg (Jan–Jun) 1.0038
H2 Avg (Jul–Dec) 0.8903

Volatility Range Comparison

Volatility

The most volatile month in 2022 was April, with a trading range of 0.0965 MVR (High: 1.0648 / Low: 0.9683). On the other end, October was the most stable month, with a tight range of 0.0286 MVR (High: 0.8670 / Low: 0.8384).

April Spread (Volatile) ±0.0965
October Spread (Stable) ±0.0286

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 0.0595 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0595

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2022: 1.0311) against the same month in 2021 (average: 1.0700), the exchange rate shifted by -0.0389 (-3.64%).

2022 Avg (April) 1.0311
2021 Avg (April) 1.0700

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.0235 0.9648 0.9985
February 1.0321 0.9973 1.0148
March 1.0648 1.0018 1.0296
April 1.0648 0.9683 1.0311
May 0.9991 0.9515 0.9716
June 1.0077 0.9420 0.9769
July 0.9483 0.8949 0.9176
August 0.9481 0.9005 0.9194
September 0.9116 0.8545 0.8813
October 0.8670 0.8384 0.8518
November 0.9053 0.8398 0.8812
December 0.9056 0.8710 0.8907