2019 FKP to MVR Historical Review

YEARLY HIGH

20.8162 MVR

YEARLY LOW

18.6200 MVR

YEARLY AVERAGE

19.7272 MVR

2019 FKP to MVR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the FKP to MVR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 12, valuing the pair at 20.8162. Conversely, the yearly low was recorded on September 3, dropping to 18.6200.

This high-to-low spread represents a total annual volatility of 2.1962 MVR. From a start-to-finish perspective, comparing the January average rate of 19.9817 to the December average rate of 20.2488, the exchange rate registered a net change of 1.34% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 20.8162 was down 5.80% compared to the 2018 peak of 22.0989, 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 104,081 MVR

2018 Average 103,066 MVR

Yearly Trough Low 93,100 MVR

Transaction Impact: A difference of 10,981.08 MVR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

20.5158

18.6385

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 19.9957, compared to 19.4586 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.5370 points.

H1 Avg (Jan–Jun) 19.9957

H2 Avg (Jul–Dec) 19.4586

Volatility Range Comparison

Volatility

The most volatile month in 2019 was January, with a trading range of 1.1351 MVR (High: 20.4724 / Low: 19.3373). On the other end, November was the most stable month, with a tight range of 0.2580 MVR (High: 19.9954 / Low: 19.7374).

January Spread (Volatile) ±1.1351

November Spread (Stable) ±0.2580

Growth Streaks & Declines

Trends

Between August and December, 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 July and August, when the average rate fell by 0.4693 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.4693

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2019: 20.2488) against the same month in 2018 (average: 19.5791), the exchange rate shifted by +0.6697 (+3.42%).

2019 Avg (December) 20.2488

2018 Avg (December) 19.5791

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	20.4724	19.3373	19.9817
February	20.5955	19.7728	20.1107
March	20.5678	20.0749	20.3593
April	20.3573	19.8923	20.0944
May	20.2864	19.4768	19.8214
June	19.7648	19.3774	19.6065
July	19.5991	18.7628	19.2642
August	19.0309	18.6289	18.7949
September	19.2857	18.6200	19.0447
October	19.9906	18.8801	19.5234
November	19.9954	19.7374	19.8758
December	20.8162	19.8980	20.2488