YEARLY HIGH
17.8630 MVR
YEARLY LOW
16.7852 MVR
YEARLY AVERAGE
17.2961 MVR

2019 EUR to MVR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the EUR to MVR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 9, valuing the pair at 17.8630. Conversely, the yearly low was recorded on September 30, dropping to 16.7852.

This high-to-low spread represents a total annual volatility of 1.0778 MVR. From a start-to-finish perspective, comparing the January average rate of 17.6814 to the December average rate of 17.1600, the exchange rate registered a net change of -2.95% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 17.8630 was down 7.53% compared to the 2018 peak of 19.3173, 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 89,315 MVR
2018 Average 91,190 MVR
Yearly Trough Low 83,926 MVR
Transaction Impact: A difference of 5,389.12 MVR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

17.7511
16.9143
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 17.4597, compared to 17.1326 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.3271 points.

H1 Avg (Jan–Jun) 17.4597
H2 Avg (Jul–Dec) 17.1326

Volatility Range Comparison

Volatility

The most volatile month in 2019 was August, with a trading range of 0.4468 MVR (High: 17.4565 / Low: 17.0098). On the other end, May was the most stable month, with a tight range of 0.1582 MVR (High: 17.3498 / Low: 17.1917).

August Spread (Volatile) ±0.4468
May Spread (Stable) ±0.1582

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2019. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.2410 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.2410

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2019: 17.6814) against the same month in 2018 (average: 18.7930), the exchange rate shifted by -1.1117 (-5.92%).

2019 Avg (January) 17.6814
2018 Avg (January) 18.7930

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 17.8630 17.4779 17.6814
February 17.7592 17.4052 17.5484
March 17.7256 17.3013 17.4673
April 17.4421 17.1702 17.3345
May 17.3498 17.1917 17.2523
June 17.6491 17.3205 17.4742
July 17.5018 17.0947 17.3226
August 17.4565 17.0098 17.2250
September 17.1951 16.7852 16.9840
October 17.2402 16.8406 17.0523
November 17.2549 16.9564 17.0519
December 17.3348 16.9794 17.1600