2022 ZAR to MVR Historical Review

YEARLY HIGH

1.0658 MVR

YEARLY LOW

0.8364 MVR

YEARLY AVERAGE

0.9465 MVR

2022 ZAR to MVR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the ZAR to MVR exchange rate experienced significant fluctuation. The market reached its absolute peak on March 30, valuing the pair at 1.0658. Conversely, the yearly low was recorded on October 24, dropping to 0.8364.

This high-to-low spread represents a total annual volatility of 0.2294 MVR. From a start-to-finish perspective, comparing the January average rate of 0.9969 to the December average rate of 0.8892, 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 1.0658 was down 7.43% compared to the 2021 peak of 1.1513, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 50,000 ZAR based on timing:

Yearly Peak High 53,290 MVR

2021 Average 52,249 MVR

Yearly Trough Low 41,820 MVR

Transaction Impact: A difference of 11,469.68 MVR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

1.0508

0.8341

JanuMarcMayJulySeptNove

ZAR 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 1.0032, compared to 0.8898 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) 1.0032

H2 Avg (Jul–Dec) 0.8898

Volatility Range Comparison

Volatility

The most volatile month in 2022 was April, with a trading range of 0.0974 MVR (High: 1.0634 / Low: 0.9660). On the other end, February was the most stable month, with a tight range of 0.0325 MVR (High: 1.0296 / Low: 0.9971).

April Spread (Volatile) ±0.0974

February Spread (Stable) ±0.0325

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 June and July, when the average rate fell by 0.0582 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0582

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2022: 1.0327) against the same month in 2021 (average: 1.0304), the exchange rate shifted by +0.0023 (+0.23%).

2022 Avg (March) 1.0327

2021 Avg (March) 1.0304

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.0249	0.9633	0.9969
February	1.0296	0.9971	1.0142
March	1.0658	0.9994	1.0327
April	1.0634	0.9660	1.0292
May	0.9980	0.9507	0.9719
June	1.0096	0.9420	0.9744
July	0.9409	0.8974	0.9162
August	0.9494	0.8962	0.9194
September	0.9062	0.8540	0.8787
October	0.8757	0.8364	0.8521
November	0.9057	0.8376	0.8834
December	0.9099	0.8701	0.8892