2018 FJD to MVR Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2018.
2018 FJD to MVR Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2018
During 2018, the FJD to MVR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 29, valuing the pair at 7.7277. Conversely, the yearly low was recorded on October 14, dropping to 7.1528.
This high-to-low spread represents a total annual volatility of 0.5749 MVR. From a start-to-finish perspective, comparing the January average rate of 7.6233 to the December average rate of 7.2803, the exchange rate registered a net change of -4.50% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2018 high of 7.7277 was down 0.20% compared to the 2017 peak of 7.7435, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 FJD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2018.
FJD to MVR Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 7.5549, compared to 7.2838 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.2712 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2018 was January, with a trading range of 0.2410 MVR (High: 7.7277 / Low: 7.4867). On the other end, October was the most stable month, with a tight range of 0.1159 MVR (High: 7.2687 / Low: 7.1528).
Growth Streaks & Declines
TrendsNo 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 0.1042 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2018: 7.6233) against the same month in 2017 (average: 7.3813), the exchange rate shifted by +0.2420 (+3.28%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 7.7277 | 7.4867 | 7.6233 |
| February | 7.7277 | 7.5771 | 7.6478 |
| March | 7.6972 | 7.5472 | 7.6101 |
| April | 7.6415 | 7.4613 | 7.5602 |
| May | 7.5213 | 7.3880 | 7.4560 |
| June | 7.5498 | 7.3162 | 7.4320 |
| July | 7.4693 | 7.2918 | 7.3547 |
| August | 7.3766 | 7.2399 | 7.3144 |
| September | 7.3247 | 7.1879 | 7.2591 |
| October | 7.2687 | 7.1528 | 7.1953 |
| November | 7.3511 | 7.1579 | 7.2988 |
| December | 7.3742 | 7.1989 | 7.2803 |