YEARLY HIGH
9.1278 MVR
YEARLY LOW
9.0396 MVR
YEARLY AVERAGE
9.0617 MVR

2020 AZN to MVR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the AZN to MVR exchange rate experienced significant fluctuation. The market reached its absolute peak on March 11, valuing the pair at 9.1278. Conversely, the yearly low was recorded on February 20, dropping to 9.0396.

This high-to-low spread represents a total annual volatility of 0.0881 MVR. From a start-to-finish perspective, comparing the January average rate of 9.0777 to the December average rate of 9.0534, the exchange rate registered a net change of -0.27% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 9.1278 was down 0.06% compared to the 2019 peak of 9.1336, 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 45,639 MVR
2019 Average 45,356 MVR
Yearly Trough Low 45,198 MVR
Transaction Impact: A difference of 440.53 MVR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

9.0932
9.0437
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 9.0740, compared to 9.0494 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0246 points.

H1 Avg (Jan–Jun) 9.0740
H2 Avg (Jul–Dec) 9.0494

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0822 MVR (High: 9.1278 / Low: 9.0455). On the other end, November was the most stable month, with a tight range of 0.0059 MVR (High: 9.0514 / Low: 9.0455).

March Spread (Volatile) ±0.0822
November Spread (Stable) ±0.0059

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2020. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.0230 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0230

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2020: 9.0734) against the same month in 2019 (average: 9.0799), the exchange rate shifted by -0.0065 (-0.07%).

2020 Avg (March) 9.0734
2019 Avg (March) 9.0799

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 9.0896 9.0700 9.0777
February 9.1101 9.0396 9.0760
March 9.1278 9.0455 9.0734
April 9.0808 9.0455 9.0571
May 9.1043 9.0749 9.0891
June 9.1101 9.0455 9.0708
July 9.0514 9.0455 9.0478
August 9.0515 9.0455 9.0496
September 9.0514 9.0455 9.0487
October 9.0543 9.0455 9.0488
November 9.0514 9.0455 9.0481
December 9.0808 9.0455 9.0534