YEARLY HIGH
4.8242 INR
YEARLY LOW
4.1086 INR
YEARLY AVERAGE
4.4290 INR

2018 MVR to INR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the MVR to INR exchange rate experienced significant fluctuation. The market reached its absolute peak on October 9, valuing the pair at 4.8242. Conversely, the yearly low was recorded on January 7, dropping to 4.1086.

This high-to-low spread represents a total annual volatility of 0.7156 INR. From a start-to-finish perspective, comparing the January average rate of 4.1319 to the December average rate of 4.5775, the exchange rate registered a net change of 10.78% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 4.8242 was up 6.44% compared to the 2017 peak of 4.5322, 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 24,121 INR
2017 Average 21,093 INR
Yearly Trough Low 20,543 INR
Transaction Impact: A difference of 3,577.90 INR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

4.8358
4.0679
JanuMarcMayJulySeptNove

MVR to INR 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 4.2529, compared to 4.6051 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.3523 points.

H1 Avg (Jan–Jun) 4.2529
H2 Avg (Jul–Dec) 4.6051

Volatility Range Comparison

Volatility

The most volatile month in 2018 was November, with a trading range of 0.2330 INR (High: 4.7456 / Low: 4.5126). On the other end, March was the most stable month, with a tight range of 0.0380 INR (High: 4.2259 / Low: 4.1880).

November Spread (Volatile) ±0.2330
March Spread (Stable) ±0.0380

Growth Streaks & Declines

Trends

Between January and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 9 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.1233 points.

Longest Streak 9 Mo.
Sharpest MoM Drop -0.1233

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2018: 4.7718) against the same month in 2017 (average: 4.2233), the exchange rate shifted by +0.5485 (+12.99%).

2018 Avg (October) 4.7718
2017 Avg (October) 4.2233

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 4.1544 4.1086 4.1319
February 4.2212 4.1359 4.1754
March 4.2259 4.1880 4.2096
April 4.3284 4.1704 4.2566
May 4.4181 4.3083 4.3554
June 4.4760 4.3123 4.3883
July 4.4798 4.4140 4.4515
August 4.5966 4.4333 4.5052
September 4.7308 4.5928 4.6763
October 4.8242 4.7299 4.7718
November 4.7456 4.5126 4.6485
December 4.6923 4.4999 4.5775