YEARLY HIGH
12.1265 MVR
YEARLY LOW
10.6202 MVR
YEARLY AVERAGE
11.5114 MVR

2020 CAD to MVR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the CAD to MVR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 15, valuing the pair at 12.1265. Conversely, the yearly low was recorded on March 19, dropping to 10.6202.

This high-to-low spread represents a total annual volatility of 1.5063 MVR. From a start-to-finish perspective, comparing the January average rate of 11.8171 to the December average rate of 12.0339, the exchange rate registered a net change of 1.83% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 12.1265 was up 2.07% compared to the 2019 peak of 11.8805, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 60,633 MVR
2019 Average 58,203 MVR
Yearly Trough Low 53,101 MVR
Transaction Impact: A difference of 7,531.41 MVR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

12.1402
10.8648
JanuMarcMayJulySeptNove

CAD 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 11.3275, compared to 11.6954 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.3678 points.

H1 Avg (Jan–Jun) 11.3275
H2 Avg (Jul–Dec) 11.6954

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 1.0120 MVR (High: 11.6322 / Low: 10.6202). On the other end, February was the most stable month, with a tight range of 0.1209 MVR (High: 11.6813 / Low: 11.5604).

March Spread (Volatile) ±1.0120
February Spread (Stable) ±0.1209

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 February and March, when the average rate fell by 0.5409 points.

Longest Streak 8 Mo.
Sharpest MoM Drop -0.5409

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 12.0339) against the same month in 2019 (average: 11.7270), the exchange rate shifted by +0.3069 (+2.62%).

2020 Avg (December) 12.0339
2019 Avg (December) 11.7270

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 11.9181 11.6789 11.8171
February 11.6813 11.5604 11.6329
March 11.6322 10.6202 11.0921
April 11.1346 10.8041 10.9711
May 11.2319 10.8669 11.0599
June 11.5691 11.2516 11.3920
July 11.5490 11.3215 11.4023
August 11.8185 11.4902 11.6373
September 11.8110 11.5057 11.6562
October 11.7521 11.5655 11.6635
November 11.8616 11.5268 11.7788
December 12.1265 11.9061 12.0339