2020 MVR to BIF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2020.
2020 MVR to BIF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2020
During 2020, the MVR to BIF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 11, valuing the pair at 126.3636. Conversely, the yearly low was recorded on January 12, dropping to 121.5302.
This high-to-low spread represents a total annual volatility of 4.8334 BIF. From a start-to-finish perspective, comparing the January average rate of 121.9510 to the December average rate of 126.0278, the exchange rate registered a net change of 3.34% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2020 high of 126.3636 was up 3.47% compared to the 2019 peak of 122.1238, 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 2020.
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 122.6783, compared to 125.4945 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.8162 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2020 was June, with a trading range of 2.2018 BIF (High: 124.6971 / Low: 122.4953). On the other end, September was the most stable month, with a tight range of 0.4379 BIF (High: 125.6327 / Low: 125.1948).
Growth Streaks & Declines
TrendsBetween January and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 11 straight months. No significant month-over-month rate declines were detected.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2020: 126.0278) against the same month in 2019 (average: 121.5654), the exchange rate shifted by +4.4625 (+3.67%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 122.3948 | 121.5302 | 121.9510 |
| February | 122.7922 | 121.7844 | 122.1889 |
| March | 123.4663 | 121.6860 | 122.4482 |
| April | 123.8559 | 121.9445 | 122.9678 |
| May | 123.6893 | 121.9120 | 123.0046 |
| June | 124.6971 | 122.4953 | 123.5092 |
| July | 125.1910 | 123.9455 | 124.9153 |
| August | 125.5691 | 124.7923 | 125.1748 |
| September | 125.6327 | 125.1948 | 125.3757 |
| October | 125.8923 | 125.3390 | 125.5933 |
| November | 126.1039 | 125.5471 | 125.8801 |
| December | 126.3636 | 125.5275 | 126.0278 |