YEARLY HIGH
23.2732 MVR
YEARLY LOW
19.8146 MVR
YEARLY AVERAGE
21.8422 MVR

2011 FKP to MVR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the FKP to MVR exchange rate experienced significant fluctuation. The market reached its absolute peak on August 17, valuing the pair at 23.2732. Conversely, the yearly low was recorded on January 6, dropping to 19.8146.

This high-to-low spread represents a total annual volatility of 3.4586 MVR. From a start-to-finish perspective, comparing the January average rate of 20.1863 to the December average rate of 21.9800, the exchange rate registered a net change of 8.89% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 23.2732 was up 11.20% compared to the 2010 peak of 20.9282, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 116,366 MVR
2010 Average 98,928 MVR
Yearly Trough Low 99,073 MVR
Transaction Impact: A difference of 17,292.95 MVR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

23.3192
19.9014
JanuMarcMayJulySeptNove

FKP 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 21.2610, compared to 22.4233 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.1623 points.

H1 Avg (Jan–Jun) 21.2610
H2 Avg (Jul–Dec) 22.4233

Volatility Range Comparison

Volatility

The most volatile month in 2011 was May, with a trading range of 2.1906 MVR (High: 23.1864 / Low: 20.9958). On the other end, February was the most stable month, with a tight range of 0.3170 MVR (High: 20.7966 / Low: 20.4796).

May Spread (Volatile) ±2.1906
February Spread (Stable) ±0.3170

Growth Streaks & Declines

Trends

Between January and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.7556 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.7556

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2011: 23.0344) against the same month in 2010 (average: 20.0293), the exchange rate shifted by +3.0050 (+15.00%).

2011 Avg (August) 23.0344
2010 Avg (August) 20.0293

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 20.4755 19.8146 20.1863
February 20.7966 20.4796 20.6443
March 20.9609 20.4610 20.6762
April 21.3630 20.5765 20.9624
May 23.1864 20.9958 22.2990
June 23.1322 22.4073 22.7979
July 23.1390 22.3199 22.7395
August 23.2732 22.8117 23.0344
September 22.8456 21.7135 22.2788
October 22.6976 21.7052 22.2519
November 22.6337 21.6577 22.2555
December 22.1143 21.7400 21.9800