2019 BND to MVR Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2019.
2019 BND to MVR Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2019
During 2019, the BND to MVR exchange rate experienced significant fluctuation. The market reached its absolute peak on March 24, valuing the pair at 11.4901. Conversely, the yearly low was recorded on January 7, dropping to 9.8027.
This high-to-low spread represents a total annual volatility of 1.6874 MVR. From a start-to-finish perspective, comparing the January average rate of 9.8787 to the December average rate of 11.3842, the exchange rate registered a net change of 15.24% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2019 high of 11.4901 was down 2.80% compared to the 2018 peak of 11.8206, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 BND based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2019.
BND to MVR Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 11.1439, compared to 11.3752 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2313 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2019 was January, with a trading range of 1.6801 MVR (High: 11.4828 / Low: 9.8027). On the other end, March was the most stable month, with a tight range of 0.0973 MVR (High: 11.4901 / Low: 11.3928).
Growth Streaks & Declines
TrendsBetween 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 September and October, when the average rate fell by 0.1420 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (March 2019: 11.4436) against the same month in 2018 (average: 11.7451), the exchange rate shifted by -0.3014 (-2.57%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 11.4828 | 9.8027 | 9.8787 |
| February | 11.4684 | 9.8353 | 11.2685 |
| March | 11.4901 | 11.3928 | 11.4436 |
| April | 11.4760 | 11.3260 | 11.4214 |
| May | 11.4768 | 11.2525 | 11.4084 |
| June | 11.4850 | 11.2880 | 11.4426 |
| July | 11.4772 | 11.3658 | 11.4334 |
| August | 11.4773 | 11.3600 | 11.4460 |
| September | 11.4402 | 11.1552 | 11.3976 |
| October | 11.4021 | 11.1340 | 11.2556 |
| November | 11.4173 | 11.2710 | 11.3345 |
| December | 11.4696 | 11.2487 | 11.3842 |