YEARLY HIGH
11.6561 MVR
YEARLY LOW
10.5838 MVR
YEARLY AVERAGE
11.1888 MVR

2020 BND to MVR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the BND to MVR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 11.6561. Conversely, the yearly low was recorded on March 19, dropping to 10.5838.

This high-to-low spread represents a total annual volatility of 1.0723 MVR. From a start-to-finish perspective, comparing the January average rate of 11.4407 to the December average rate of 11.5681, the exchange rate registered a net change of 1.11% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 11.6561 was up 1.44% compared to the 2019 peak of 11.4901, 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 58,280 MVR
2019 Average 56,290 MVR
Yearly Trough Low 52,919 MVR
Transaction Impact: A difference of 5,361.63 MVR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

11.6422
10.7523
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 11.0514, compared to 11.3262 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2748 points.

H1 Avg (Jan–Jun) 11.0514
H2 Avg (Jul–Dec) 11.3262

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.6609 MVR (High: 11.2447 / Low: 10.5838). On the other end, October was the most stable month, with a tight range of 0.0992 MVR (High: 11.3708 / Low: 11.2716).

March Spread (Volatile) ±0.6609
October Spread (Stable) ±0.0992

Growth Streaks & Declines

Trends

Between April and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.3171 points.

Longest Streak 8 Mo.
Sharpest MoM Drop -0.3171

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 11.5681) against the same month in 2019 (average: 11.3842), the exchange rate shifted by +0.1839 (+1.62%).

2020 Avg (December) 11.5681
2019 Avg (December) 11.3842

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 11.4913 11.3226 11.4407
February 11.3226 10.9918 11.1236
March 11.2447 10.5838 10.9137
April 10.9603 10.7002 10.8265
May 11.0690 10.8318 10.9199
June 11.2028 10.9965 11.0841
July 11.2301 11.0290 11.0940
August 11.3388 11.1875 11.2496
September 11.3556 11.1831 11.2817
October 11.3708 11.2716 11.3324
November 11.5234 11.2758 11.4315
December 11.6561 11.4789 11.5681