YEARLY HIGH
0.0577 EUR
YEARLY LOW
0.0518 EUR
YEARLY AVERAGE
0.0549 EUR

2018 MVR to EUR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the MVR to EUR exchange rate experienced significant fluctuation. The market reached its absolute peak on November 12, valuing the pair at 0.0577. Conversely, the yearly low was recorded on February 15, dropping to 0.0518.

This high-to-low spread represents a total annual volatility of 0.0059 EUR. From a start-to-finish perspective, comparing the January average rate of 0.0532 to the December average rate of 0.0569, the exchange rate registered a net change of 6.86% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.0577 was down 8.38% compared to the 2017 peak of 0.0629, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 MVR based on timing:

Yearly Peak High 288 EUR
2017 Average 287 EUR
Yearly Trough Low 259 EUR
Transaction Impact: A difference of 29.46 EUR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.0574
0.0520
JanuMarcMayJulySeptNove

MVR to EUR 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 0.0535, compared to 0.0562 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0027 points.

H1 Avg (Jan–Jun) 0.0535
H2 Avg (Jul–Dec) 0.0562

Volatility Range Comparison

Volatility

The most volatile month in 2018 was January, with a trading range of 0.0022 EUR (High: 0.0544 / Low: 0.0522). On the other end, September was the most stable month, with a tight range of 0.0009 EUR (High: 0.0560 / Low: 0.0551).

January Spread (Volatile) ±0.0022
September Spread (Stable) ±0.0009

Growth Streaks & Declines

Trends

Between February and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0007 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0007

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2018: 0.0569) against the same month in 2017 (average: 0.0554), the exchange rate shifted by +0.0015 (+2.68%).

2018 Avg (November) 0.0569
2017 Avg (November) 0.0554

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0544 0.0522 0.0532
February 0.0531 0.0518 0.0525
March 0.0528 0.0520 0.0525
April 0.0536 0.0524 0.0528
May 0.0559 0.0539 0.0546
June 0.0562 0.0546 0.0554
July 0.0557 0.0548 0.0554
August 0.0570 0.0552 0.0561
September 0.0560 0.0551 0.0557
October 0.0572 0.0559 0.0564
November 0.0577 0.0565 0.0569
December 0.0573 0.0563 0.0569