YEARLY HIGH
18.9398 MVR
YEARLY LOW
16.4090 MVR
YEARLY AVERAGE
17.6138 MVR

2020 EUR to MVR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the EUR to MVR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 18.9398. Conversely, the yearly low was recorded on March 19, dropping to 16.4090.

This high-to-low spread represents a total annual volatility of 2.5309 MVR. From a start-to-finish perspective, comparing the January average rate of 17.1605 to the December average rate of 18.7624, the exchange rate registered a net change of 9.33% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 18.9398 was up 6.03% compared to the 2019 peak of 17.8630, 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 94,699 MVR
2019 Average 86,475 MVR
Yearly Trough Low 82,045 MVR
Transaction Impact: A difference of 12,654.41 MVR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

18.9629
16.5567
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 17.0313, compared to 18.1962 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.1649 points.

H1 Avg (Jan–Jun) 17.0313
H2 Avg (Jul–Dec) 18.1962

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 1.2603 MVR (High: 17.6692 / Low: 16.4090). On the other end, April was the most stable month, with a tight range of 0.2762 MVR (High: 16.9149 / Low: 16.6387).

March Spread (Volatile) ±1.2603
April Spread (Stable) ±0.2762

Growth Streaks & Declines

Trends

Between April and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.3509 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.3509

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 18.7624) against the same month in 2019 (average: 17.1600), the exchange rate shifted by +1.6024 (+9.34%).

2020 Avg (December) 18.7624
2019 Avg (December) 17.1600

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 17.3333 17.0166 17.1605
February 17.1518 16.6024 16.8691
March 17.6692 16.4090 17.1080
April 16.9149 16.6387 16.7572
May 17.1965 16.6963 16.9131
June 17.6302 17.2171 17.3800
July 18.2830 17.3058 17.6522
August 18.4096 18.0720 18.2269
September 18.3727 17.9233 18.1577
October 18.2682 17.9850 18.1289
November 18.4367 17.9278 18.2491
December 18.9398 18.5890 18.7624