YEARLY HIGH
11.4901 MVR
YEARLY LOW
9.8027 MVR
YEARLY AVERAGE
11.2595 MVR

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.

Transfer Payout Power Comparison

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

Yearly Peak High 57,451 MVR
2018 Average 55,042 MVR
Yearly Trough Low 49,013 MVR
Transaction Impact: A difference of 8,437.19 MVR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

11.6027
9.7219
JanuMarcMayJulySeptNove

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)

Seasonal

The 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.

H1 Avg (Jan–Jun) 11.1439
H2 Avg (Jul–Dec) 11.3752

Volatility Range Comparison

Volatility

The 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).

January Spread (Volatile) ±1.6801
March Spread (Stable) ±0.0973

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 September and October, when the average rate fell by 0.1420 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.1420

Same-Month Historical Baseline

YoY Baseline

Comparing 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%).

2019 Avg (March) 11.4436
2018 Avg (March) 11.7451

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