YEARLY HIGH
1.9844 MVR
YEARLY LOW
1.9616 MVR
YEARLY AVERAGE
1.9702 MVR

2018 HKD to MVR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the HKD to MVR exchange rate experienced significant fluctuation. The market reached its absolute peak on May 20, valuing the pair at 1.9844. Conversely, the yearly low was recorded on September 11, dropping to 1.9616.

This high-to-low spread represents a total annual volatility of 0.0228 MVR. From a start-to-finish perspective, comparing the January average rate of 1.9699 to the December average rate of 1.9758, the exchange rate registered a net change of 0.30% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 1.9844 was down 1.23% compared to the 2017 peak of 2.0092, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 25,000 HKD based on timing:

Yearly Peak High 49,610 MVR
2017 Average 49,513 MVR
Yearly Trough Low 49,041 MVR
Transaction Impact: A difference of 569.04 MVR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

1.9768
1.9648
JanuMarcMayJulySeptNove

HKD 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 1.9706, compared to 1.9698 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0008 points.

H1 Avg (Jan–Jun) 1.9706
H2 Avg (Jul–Dec) 1.9698

Volatility Range Comparison

Volatility

The most volatile month in 2018 was April, with a trading range of 0.0214 MVR (High: 1.9833 / Low: 1.9618). On the other end, January was the most stable month, with a tight range of 0.0023 MVR (High: 1.9712 / Low: 1.9688).

April Spread (Volatile) ±0.0214
January Spread (Stable) ±0.0023

Growth Streaks & Declines

Trends

Between July and December, 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 May and June, when the average rate fell by 0.0070 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0070

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2018: 1.9754) against the same month in 2017 (average: 1.9869), the exchange rate shifted by -0.0115 (-0.58%).

2018 Avg (May) 1.9754
2017 Avg (May) 1.9869

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.9712 1.9688 1.9699
February 1.9766 1.9689 1.9735
March 1.9751 1.9618 1.9703
April 1.9833 1.9618 1.9658
May 1.9844 1.9683 1.9754
June 1.9767 1.9618 1.9685
July 1.9815 1.9618 1.9658
August 1.9708 1.9617 1.9665
September 1.9733 1.9616 1.9678
October 1.9723 1.9648 1.9689
November 1.9772 1.9715 1.9741
December 1.9809 1.9723 1.9758