YEARLY HIGH
22.0989 MVR
YEARLY LOW
19.3007 MVR
YEARLY AVERAGE
20.6204 MVR

2018 FKP to MVR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the FKP to MVR exchange rate experienced significant fluctuation. The market reached its absolute peak on April 16, valuing the pair at 22.0989. Conversely, the yearly low was recorded on December 11, dropping to 19.3007.

This high-to-low spread represents a total annual volatility of 2.7982 MVR. From a start-to-finish perspective, comparing the January average rate of 21.2868 to the December average rate of 19.5791, the exchange rate registered a net change of -8.02% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 22.0989 was up 5.35% compared to the 2017 peak of 20.9762, 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 110,495 MVR
2017 Average 99,455 MVR
Yearly Trough Low 96,504 MVR
Transaction Impact: A difference of 13,990.84 MVR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

21.9039
19.3677
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 21.2563, compared to 19.9846 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.2717 points.

H1 Avg (Jan–Jun) 21.2563
H2 Avg (Jul–Dec) 19.9846

Volatility Range Comparison

Volatility

The most volatile month in 2018 was January, with a trading range of 1.1073 MVR (High: 21.9131 / Low: 20.8059). On the other end, December was the most stable month, with a tight range of 0.4447 MVR (High: 19.7454 / Low: 19.3007).

January Spread (Volatile) ±1.1073
December Spread (Stable) ±0.4447

Growth Streaks & Declines

Trends

Between January and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.8163 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.8163

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2018: 21.6925) against the same month in 2017 (average: 19.5166), the exchange rate shifted by +2.1759 (+11.15%).

2018 Avg (April) 21.6925
2017 Avg (April) 19.5166

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 21.9131 20.8059 21.2868
February 21.9701 21.2647 21.5636
March 21.9979 21.2965 21.5830
April 22.0989 21.2765 21.6925
May 21.0453 20.5571 20.8762
June 20.8080 20.1485 20.5357
July 20.5174 20.0682 20.3265
August 20.2257 19.6360 19.8645
September 20.4361 19.8782 20.1120
October 20.3930 19.6332 20.0890
November 20.2833 19.6995 19.9364
December 19.7454 19.3007 19.5791