2018 MVR to BIF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2018.
2018 MVR to BIF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2018
During 2018, the MVR to BIF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 14, valuing the pair at 118.0847. Conversely, the yearly low was recorded on May 20, dropping to 112.8383.
This high-to-low spread represents a total annual volatility of 5.2464 BIF. From a start-to-finish perspective, comparing the January average rate of 114.4619 to the December average rate of 116.9572, the exchange rate registered a net change of 2.18% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2018 high of 118.0847 was down 3.88% compared to the 2017 peak of 122.8501, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 MVR based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2018.
MVR to BIF Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 114.5084, compared to 115.7439 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.2355 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2018 was November, with a trading range of 3.1382 BIF (High: 117.5401 / Low: 114.4019). On the other end, February was the most stable month, with a tight range of 1.3833 BIF (High: 114.9991 / Low: 113.6157).
Growth Streaks & Declines
TrendsBetween May and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.5749 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2018: 116.9572) against the same month in 2017 (average: 114.1669), the exchange rate shifted by +2.7903 (+2.44%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 114.9991 | 113.4691 | 114.4619 |
| February | 114.9991 | 113.6157 | 114.3400 |
| March | 115.5835 | 113.5163 | 114.3321 |
| April | 115.7050 | 113.4853 | 114.8443 |
| May | 115.4836 | 112.8383 | 114.2694 |
| June | 115.9406 | 113.2707 | 114.8027 |
| July | 115.9416 | 113.4512 | 114.8134 |
| August | 115.9740 | 114.0233 | 115.0228 |
| September | 115.9253 | 114.5138 | 115.1350 |
| October | 117.5263 | 114.4661 | 116.0792 |
| November | 117.5401 | 114.4019 | 116.4559 |
| December | 118.0847 | 115.5847 | 116.9572 |