YEARLY HIGH
0.0609 EUR
YEARLY LOW
0.0528 EUR
YEARLY AVERAGE
0.0569 EUR

2020 MVR to EUR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the MVR to EUR exchange rate experienced significant fluctuation. The market reached its absolute peak on March 19, valuing the pair at 0.0609. Conversely, the yearly low was recorded on December 30, dropping to 0.0528.

This high-to-low spread represents a total annual volatility of 0.0081 EUR. From a start-to-finish perspective, comparing the January average rate of 0.0583 to the December average rate of 0.0533, the exchange rate registered a net change of -8.54% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.0609 was up 2.29% compared to the 2019 peak of 0.0596, 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 305 EUR
2019 Average 289 EUR
Yearly Trough Low 264 EUR
Transaction Impact: A difference of 40.72 EUR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.0603
0.0527
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 0.0587, compared to 0.0550 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0038 points.

H1 Avg (Jan–Jun) 0.0587
H2 Avg (Jul–Dec) 0.0550

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0043 EUR (High: 0.0609 / Low: 0.0566). On the other end, October was the most stable month, with a tight range of 0.0009 EUR (High: 0.0556 / Low: 0.0547).

March Spread (Volatile) ±0.0043
October Spread (Stable) ±0.0009

Growth Streaks & Declines

Trends

Between August and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.0018 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0018

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2020: 0.0585) against the same month in 2019 (average: 0.0573), the exchange rate shifted by +0.0012 (+2.14%).

2020 Avg (March) 0.0585
2019 Avg (March) 0.0573

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0588 0.0577 0.0583
February 0.0602 0.0583 0.0593
March 0.0609 0.0566 0.0585
April 0.0601 0.0591 0.0597
May 0.0599 0.0582 0.0591
June 0.0581 0.0567 0.0575
July 0.0578 0.0547 0.0567
August 0.0553 0.0543 0.0549
September 0.0558 0.0544 0.0551
October 0.0556 0.0547 0.0552
November 0.0558 0.0542 0.0548
December 0.0538 0.0528 0.0533