2018 MVR to GNF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2018.
2018 MVR to GNF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2018
During 2018, the MVR to GNF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 28, valuing the pair at 596.1172. Conversely, the yearly low was recorded on August 18, dropping to 578.3155.
This high-to-low spread represents a total annual volatility of 17.8017 GNF. From a start-to-finish perspective, comparing the January average rate of 584.8162 to the December average rate of 592.3750, the exchange rate registered a net change of 1.29% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2018 high of 596.1172 was down 5.14% compared to the 2017 peak of 628.4371, 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 2018.
MVR to GNF 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 583.7242, compared to 588.4852 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 4.7610 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2018 was August, with a trading range of 12.5935 GNF (High: 590.9091 / Low: 578.3155). On the other end, March was the most stable month, with a tight range of 2.7244 GNF (High: 584.8682 / Low: 582.1438).
Growth Streaks & Declines
TrendsBetween August and December, 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 April and May, when the average rate fell by 3.1286 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2018: 592.3750) against the same month in 2017 (average: 585.4295), the exchange rate shifted by +6.9455 (+1.19%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 587.0926 | 582.5205 | 584.8162 |
| February | 585.4054 | 582.1471 | 583.5289 |
| March | 584.8682 | 582.1438 | 583.0549 |
| April | 586.3588 | 579.8899 | 584.6546 |
| May | 583.5662 | 578.9151 | 581.5260 |
| June | 586.7842 | 581.7372 | 584.7646 |
| July | 590.5844 | 580.8502 | 586.5943 |
| August | 590.9091 | 578.3155 | 586.1348 |
| September | 592.6948 | 585.0637 | 587.8288 |
| October | 592.5324 | 582.9900 | 588.5020 |
| November | 594.1731 | 582.7491 | 589.4761 |
| December | 596.1172 | 587.2394 | 592.3750 |