2019 MVR to BIF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2019.
2019 MVR to BIF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2019
During 2019, the MVR to BIF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 23, valuing the pair at 122.1238. Conversely, the yearly low was recorded on January 27, dropping to 115.2807.
This high-to-low spread represents a total annual volatility of 6.8431 BIF. From a start-to-finish perspective, comparing the January average rate of 116.5705 to the December average rate of 121.5654, the exchange rate registered a net change of 4.28% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2019 high of 122.1238 was up 3.42% compared to the 2018 peak of 118.0847, 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 2019.
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 118.1302, compared to 120.3763 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.2460 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2019 was August, with a trading range of 3.1491 BIF (High: 120.1452 / Low: 116.9961). On the other end, December was the most stable month, with a tight range of 0.8770 BIF (High: 122.1238 / Low: 121.2468).
Growth Streaks & Declines
TrendsBetween January and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.0653 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2019: 121.5654) against the same month in 2018 (average: 116.9572), the exchange rate shifted by +4.6082 (+3.94%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 117.5790 | 115.2807 | 116.5705 |
| February | 118.5115 | 116.2517 | 117.3268 |
| March | 118.8346 | 116.3003 | 117.7453 |
| April | 119.2788 | 118.2622 | 118.7321 |
| May | 119.8057 | 118.6219 | 119.1669 |
| June | 120.4532 | 118.1021 | 119.2397 |
| July | 119.9597 | 118.5870 | 119.3403 |
| August | 120.1452 | 116.9961 | 119.2750 |
| September | 120.8441 | 118.7574 | 120.2132 |
| October | 121.4935 | 119.6312 | 120.5156 |
| November | 122.0334 | 120.8169 | 121.3481 |
| December | 122.1238 | 121.2468 | 121.5654 |