YEARLY HIGH
0.2434 MVR
YEARLY LOW
0.2073 MVR
YEARLY AVERAGE
0.2263 MVR

2018 INR to MVR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the INR to MVR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 7, valuing the pair at 0.2434. Conversely, the yearly low was recorded on October 9, dropping to 0.2073.

This high-to-low spread represents a total annual volatility of 0.0361 MVR. From a start-to-finish perspective, comparing the January average rate of 0.2420 to the December average rate of 0.2185, the exchange rate registered a net change of -9.72% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.2434 was up 0.06% compared to the 2017 peak of 0.2432, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 250,000 INR based on timing:

Yearly Peak High 60,848 MVR
2017 Average 59,288 MVR
Yearly Trough Low 51,822 MVR
Transaction Impact: A difference of 9,025.68 MVR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.2453
0.2063
JanuMarcMayJulySeptNove

INR 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 0.2353, compared to 0.2173 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0180 points.

H1 Avg (Jan–Jun) 0.2353
H2 Avg (Jul–Dec) 0.2173

Volatility Range Comparison

Volatility

The most volatile month in 2018 was November, with a trading range of 0.0109 MVR (High: 0.2216 / Low: 0.2107). On the other end, March was the most stable month, with a tight range of 0.0021 MVR (High: 0.2388 / Low: 0.2366).

November Spread (Volatile) ±0.0109
March Spread (Stable) ±0.0021

Growth Streaks & Declines

Trends

Between October and December, 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 August and September, when the average rate fell by 0.0081 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0081

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2018: 0.2420) against the same month in 2017 (average: 0.2258), the exchange rate shifted by +0.0163 (+7.20%).

2018 Avg (January) 0.2420
2017 Avg (January) 0.2258

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2434 0.2407 0.2420
February 0.2418 0.2369 0.2395
March 0.2388 0.2366 0.2376
April 0.2398 0.2310 0.2350
May 0.2321 0.2263 0.2296
June 0.2319 0.2234 0.2279
July 0.2266 0.2232 0.2246
August 0.2256 0.2176 0.2220
September 0.2177 0.2114 0.2139
October 0.2114 0.2073 0.2096
November 0.2216 0.2107 0.2152
December 0.2222 0.2131 0.2185