YEARLY HIGH
21.3730 MVR
YEARLY LOW
20.3515 MVR
YEARLY AVERAGE
20.7609 MVR

2026 FKP to MVR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2026

During 2026, the FKP to MVR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 28, valuing the pair at 21.3730. Conversely, the yearly low was recorded on March 30, dropping to 20.3515.

This high-to-low spread represents a total annual volatility of 1.0215 MVR. From a start-to-finish perspective, comparing the January average rate of 20.8956 to the December average rate of 20.8440, the exchange rate registered a net change of -0.25% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2026 high of 21.3730 was up 0.97% compared to the 2025 peak of 21.1686, 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 106,865 MVR
2025 Average 101,529 MVR
Yearly Trough Low 101,758 MVR
Transaction Impact: A difference of 5,107.47 MVR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2026.

21.0069
20.5379
JanuMarcMayJuly

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 20.7611, compared to 20.7601 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0010 points.

H1 Avg (Jan–Jun) 20.7611
H2 Avg (Jul–Dec) 20.7601

Volatility Range Comparison

Volatility

The most volatile month in 2026 was January, with a trading range of 0.6987 MVR (High: 21.3730 / Low: 20.6743). On the other end, August was the most stable month, with a tight range of 0.0000 MVR (High: 20.8440 / Low: 20.8440).

January Spread (Volatile) ±0.6987
August Spread (Stable) ±0.0000

Growth Streaks & Declines

Trends

Between June and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.3569 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.3569

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2026: 20.8956) against the same month in 2025 (average: 19.0245), the exchange rate shifted by +1.8710 (+9.83%).

2026 Avg (January) 20.8956
2025 Avg (January) 19.0245

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 21.3730 20.6743 20.8956
February 21.1621 20.7294 20.9678
March 20.7466 20.3515 20.6109
April 20.9868 20.3871 20.7673
May 20.9848 20.6633 20.7482
June 20.7653 20.3668 20.5770
July 20.8793 20.4914 20.6763
August 20.8440 20.8440 20.8440