YEARLY HIGH
19.3173 MVR
YEARLY LOW
17.3434 MVR
YEARLY AVERAGE
18.2434 MVR

2018 EUR to MVR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the EUR to MVR exchange rate experienced significant fluctuation. The market reached its absolute peak on February 15, valuing the pair at 19.3173. Conversely, the yearly low was recorded on November 12, dropping to 17.3434.

This high-to-low spread represents a total annual volatility of 1.9738 MVR. From a start-to-finish perspective, comparing the January average rate of 18.7930 to the December average rate of 17.5832, the exchange rate registered a net change of -6.44% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 19.3173 was up 4.21% compared to the 2017 peak of 18.5371, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 96,586 MVR
2017 Average 87,218 MVR
Yearly Trough Low 86,717 MVR
Transaction Impact: A difference of 9,869.19 MVR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

19.2081
17.4170
JanuMarcMayJulySeptNove

EUR 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 18.7027, compared to 17.7841 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.9186 points.

H1 Avg (Jan–Jun) 18.7027
H2 Avg (Jul–Dec) 17.7841

Volatility Range Comparison

Volatility

The most volatile month in 2018 was January, with a trading range of 0.7742 MVR (High: 19.1444 / Low: 18.3702). On the other end, September was the most stable month, with a tight range of 0.2784 MVR (High: 18.1358 / Low: 17.8575).

January Spread (Volatile) ±0.7742
September Spread (Stable) ±0.2784

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2018. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.6089 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.6089

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2018: 19.0588) against the same month in 2017 (average: 16.4505), the exchange rate shifted by +2.6083 (+15.86%).

2018 Avg (February) 19.0588
2017 Avg (February) 16.4505

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 19.1444 18.3702 18.7930
February 19.3173 18.8485 19.0588
March 19.2468 18.9240 19.0564
April 19.1005 18.6666 18.9385
May 18.5506 17.8948 18.3296
June 18.3014 17.8064 18.0398
July 18.2477 17.9396 18.0414
August 18.1030 17.5422 17.8146
September 18.1358 17.8575 17.9692
October 17.8958 17.4812 17.7300
November 17.7102 17.3434 17.5663
December 17.7659 17.4656 17.5832