2018 AZN to MVR Historical Review

YEARLY HIGH

9.1658 MVR

YEARLY LOW

9.0455 MVR

YEARLY AVERAGE

9.0837 MVR

2018 AZN to MVR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the AZN to MVR exchange rate experienced significant fluctuation. The market reached its absolute peak on March 13, valuing the pair at 9.1658. Conversely, the yearly low was recorded on October 10, dropping to 9.0455.

This high-to-low spread represents a total annual volatility of 0.1203 MVR. From a start-to-finish perspective, comparing the January average rate of 9.1011 to the December average rate of 9.0776, the exchange rate registered a net change of -0.26% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 9.1658 was down 1.37% compared to the 2017 peak of 9.2934, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 45,829 MVR

2017 Average 44,909 MVR

Yearly Trough Low 45,228 MVR

Transaction Impact: A difference of 601.56 MVR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

9.1459

9.0511

JanuMarcMayJulySeptNove

AZN 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 9.0995, compared to 9.0679 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0316 points.

H1 Avg (Jan–Jun) 9.0995

H2 Avg (Jul–Dec) 9.0679

Volatility Range Comparison

Volatility

The most volatile month in 2018 was March, with a trading range of 0.1202 MVR (High: 9.1658 / Low: 9.0456). On the other end, November was the most stable month, with a tight range of 0.0058 MVR (High: 9.0808 / Low: 9.0749).

March Spread (Volatile) ±0.1202

November Spread (Stable) ±0.0058

Growth Streaks & Declines

Trends

Between September and December, 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 March and April, when the average rate fell by 0.0481 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0481

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2018: 9.1121) against the same month in 2017 (average: 8.9288), the exchange rate shifted by +0.1834 (+2.05%).

2018 Avg (March) 9.1121

2017 Avg (March) 8.9288

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	9.1210	9.0589	9.1011
February	9.1574	9.0589	9.1380
March	9.1658	9.0456	9.1121
April	9.1427	9.0456	9.0640
May	9.1498	9.0750	9.1069
June	9.1241	9.0456	9.0748
July	9.1310	9.0455	9.0618
August	9.0866	9.0455	9.0668
September	9.0808	9.0455	9.0590
October	9.0808	9.0455	9.0646
November	9.0808	9.0749	9.0774
December	9.0866	9.0749	9.0776