YEARLY HIGH
0.2185 MVR
YEARLY LOW
0.2004 MVR
YEARLY AVERAGE
0.2082 MVR

2020 INR to MVR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the INR to MVR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 15, valuing the pair at 0.2185. Conversely, the yearly low was recorded on April 16, dropping to 0.2004.

This high-to-low spread represents a total annual volatility of 0.0181 MVR. From a start-to-finish perspective, comparing the January average rate of 0.2169 to the December average rate of 0.2092, the exchange rate registered a net change of -3.51% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.2185 was down 3.37% compared to the 2019 peak of 0.2261, 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 54,614 MVR
2019 Average 54,849 MVR
Yearly Trough Low 50,091 MVR
Transaction Impact: A difference of 4,522.24 MVR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.2183
0.2008
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 0.2084, compared to 0.2080 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0004 points.

H1 Avg (Jan–Jun) 0.2084
H2 Avg (Jul–Dec) 0.2080

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0138 MVR (High: 0.2149 / Low: 0.2011). On the other end, May was the most stable month, with a tight range of 0.0024 MVR (High: 0.2057 / Low: 0.2033).

March Spread (Volatile) ±0.0138
May Spread (Stable) ±0.0024

Growth Streaks & Declines

Trends

Between June and September, 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 February and March, when the average rate fell by 0.0086 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0086

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2020: 0.2169) against the same month in 2019 (average: 0.2191), the exchange rate shifted by -0.0023 (-1.05%).

2020 Avg (January) 0.2169
2019 Avg (January) 0.2191

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2185 0.2147 0.2169
February 0.2173 0.2141 0.2159
March 0.2149 0.2011 0.2073
April 0.2053 0.2004 0.2023
May 0.2057 0.2033 0.2044
June 0.2059 0.2016 0.2038
July 0.2067 0.2041 0.2056
August 0.2107 0.2050 0.2066
September 0.2109 0.2083 0.2095
October 0.2112 0.2065 0.2094
November 0.2088 0.2056 0.2075
December 0.2108 0.2078 0.2092