YEARLY HIGH
2.3664 MVR
YEARLY LOW
2.1550 MVR
YEARLY AVERAGE
2.2368 MVR

2020 CNY to MVR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the CNY to MVR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 8, valuing the pair at 2.3664. Conversely, the yearly low was recorded on May 27, dropping to 2.1550.

This high-to-low spread represents a total annual volatility of 0.2114 MVR. From a start-to-finish perspective, comparing the January average rate of 2.2320 to the December average rate of 2.3567, the exchange rate registered a net change of 5.59% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 2.3664 was up 2.14% compared to the 2019 peak of 2.3168, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 25,000 CNY based on timing:

Yearly Peak High 59,159 MVR
2019 Average 55,908 MVR
Yearly Trough Low 53,876 MVR
Transaction Impact: A difference of 5,283.82 MVR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

2.3745
2.1606
JanuMarcMayJulySeptNove

CNY 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 2.1965, compared to 2.2771 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0806 points.

H1 Avg (Jan–Jun) 2.1965
H2 Avg (Jul–Dec) 2.2771

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0714 MVR (High: 2.2360 / Low: 2.1646). On the other end, April was the most stable month, with a tight range of 0.0198 MVR (High: 2.1901 / Low: 2.1703).

March Spread (Volatile) ±0.0714
April Spread (Stable) ±0.0198

Growth Streaks & Declines

Trends

Between May and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0232 points.

Longest Streak 7 Mo.
Sharpest MoM Drop -0.0232

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 2.3567) against the same month in 2019 (average: 2.2027), the exchange rate shifted by +0.1541 (+6.99%).

2020 Avg (December) 2.3567
2019 Avg (December) 2.2027

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.2537 2.2147 2.2320
February 2.2287 2.1912 2.2087
March 2.2360 2.1646 2.1986
April 2.1901 2.1703 2.1807
May 2.1947 2.1550 2.1784
June 2.1966 2.1723 2.1806
July 2.2093 2.1778 2.1973
August 2.2501 2.2075 2.2231
September 2.2799 2.2492 2.2608
October 2.3169 2.2678 2.2913
November 2.3503 2.3015 2.3331
December 2.3664 2.3432 2.3567