YEARLY HIGH
0.1534 FJD
YEARLY LOW
0.1324 FJD
YEARLY AVERAGE
0.1406 FJD

2020 MVR to FJD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the MVR to FJD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 20, valuing the pair at 0.1534. Conversely, the yearly low was recorded on December 30, dropping to 0.1324.

This high-to-low spread represents a total annual volatility of 0.0210 FJD. From a start-to-finish perspective, comparing the January average rate of 0.1402 to the December average rate of 0.1334, the exchange rate registered a net change of -4.80% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.1534 was up 6.85% compared to the 2019 peak of 0.1436, 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 767 FJD
2019 Average 698 FJD
Yearly Trough Low 662 FJD
Transaction Impact: A difference of 104.96 FJD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.1488
0.1320
JanuMarcMayJulySeptNove

MVR to FJD 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 0.1438, compared to 0.1373 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0065 points.

H1 Avg (Jan–Jun) 0.1438
H2 Avg (Jul–Dec) 0.1373

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0114 FJD (High: 0.1534 / Low: 0.1420). On the other end, October was the most stable month, with a tight range of 0.0017 FJD (High: 0.1390 / Low: 0.1374).

March Spread (Volatile) ±0.0114
October Spread (Stable) ±0.0017

Growth Streaks & Declines

Trends

Between January and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0037 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0037

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2020: 0.1472) against the same month in 2019 (average: 0.1377), the exchange rate shifted by +0.0095 (+6.91%).

2020 Avg (March) 0.1472
2019 Avg (March) 0.1377

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1417 0.1388 0.1402
February 0.1441 0.1414 0.1425
March 0.1534 0.1420 0.1472
April 0.1494 0.1439 0.1474
May 0.1459 0.1434 0.1448
June 0.1417 0.1390 0.1410
July 0.1409 0.1377 0.1394
August 0.1388 0.1364 0.1381
September 0.1398 0.1363 0.1379
October 0.1390 0.1374 0.1385
November 0.1392 0.1347 0.1365
December 0.1349 0.1324 0.1334