YEARLY HIGH
2.2626 MVR
YEARLY LOW
2.2237 MVR
YEARLY AVERAGE
2.2351 MVR

2020 BOB to MVR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the BOB to MVR exchange rate experienced significant fluctuation. The market reached its absolute peak on May 3, valuing the pair at 2.2626. Conversely, the yearly low was recorded on April 2, dropping to 2.2237.

This high-to-low spread represents a total annual volatility of 0.0390 MVR. From a start-to-finish perspective, comparing the January average rate of 2.2349 to the December average rate of 2.2358, the exchange rate registered a net change of 0.04% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 2.2626 was down 0.72% compared to the 2019 peak of 2.2791, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 11,313 MVR
2019 Average 11,173 MVR
Yearly Trough Low 11,118 MVR
Transaction Impact: A difference of 194.92 MVR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

2.2448
2.2290
JanuMarcMayJulySeptNove

BOB 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 2.2379, compared to 2.2322 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0057 points.

H1 Avg (Jan–Jun) 2.2379
H2 Avg (Jul–Dec) 2.2322

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0314 MVR (High: 2.2609 / Low: 2.2295). On the other end, September was the most stable month, with a tight range of 0.0061 MVR (High: 2.2350 / Low: 2.2289).

March Spread (Volatile) ±0.0314
September Spread (Stable) ±0.0061

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 May and June, when the average rate fell by 0.0080 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0080

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2020: 2.2434) against the same month in 2019 (average: 2.2314), the exchange rate shifted by +0.0120 (+0.54%).

2020 Avg (May) 2.2434
2019 Avg (May) 2.2314

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.2411 2.2261 2.2349
February 2.2440 2.2250 2.2346
March 2.2609 2.2295 2.2428
April 2.2528 2.2237 2.2364
May 2.2626 2.2347 2.2434
June 2.2468 2.2254 2.2354
July 2.2358 2.2259 2.2303
August 2.2385 2.2239 2.2316
September 2.2350 2.2289 2.2310
October 2.2356 2.2275 2.2311
November 2.2380 2.2252 2.2333
December 2.2500 2.2243 2.2358