YEARLY HIGH
2848.3439 IRR
YEARLY LOW
2311.9973 IRR
YEARLY AVERAGE
2634.0818 IRR

2018 MVR to IRR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the MVR to IRR exchange rate experienced significant fluctuation. The market reached its absolute peak on August 5, valuing the pair at 2848.3439. Conversely, the yearly low was recorded on January 3, dropping to 2311.9973.

This high-to-low spread represents a total annual volatility of 536.3466 IRR. From a start-to-finish perspective, comparing the January average rate of 2339.9731 to the December average rate of 2734.1548, the exchange rate registered a net change of 16.85% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 2848.3439 was up 22.29% compared to the 2017 peak of 2329.1579, 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 14,241,720 IRR
2017 Average 10,708,596 IRR
Yearly Trough Low 11,559,986 IRR
Transaction Impact: A difference of 2,681,733.08 IRR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

2853.3714
2293.3005
JanuMarcMayJulySeptNove

MVR to IRR 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 2493.1664, compared to 2774.9971 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 281.8307 points.

H1 Avg (Jan–Jun) 2493.1664
H2 Avg (Jul–Dec) 2774.9971

Volatility Range Comparison

Volatility

The most volatile month in 2018 was May, with a trading range of 303.7934 IRR (High: 2718.5843 / Low: 2414.7909). On the other end, November was the most stable month, with a tight range of 3.4771 IRR (High: 2751.3856 / Low: 2747.9086).

May Spread (Volatile) ±303.7934
November Spread (Stable) ±3.4771

Growth Streaks & Declines

Trends

Between January and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 43.5902 points.

Longest Streak 7 Mo.
Sharpest MoM Drop -43.5902

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2018: 2806.6988) against the same month in 2017 (average: 2143.1743), the exchange rate shifted by +663.5245 (+30.96%).

2018 Avg (August) 2806.6988
2017 Avg (August) 2143.1743

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2398.7321 2311.9973 2339.9731
February 2411.8343 2394.0524 2401.1185
March 2441.4101 2412.8368 2427.1001
April 2444.2348 2417.9199 2431.3511
May 2718.5843 2414.7909 2617.1499
June 2767.0639 2720.9686 2742.3058
July 2844.5547 2766.5007 2805.2421
August 2848.3439 2790.1763 2806.6988
September 2804.0675 2791.8902 2798.8689
October 2801.0111 2748.7348 2755.2787
November 2751.3856 2747.9086 2749.7394
December 2751.3017 2721.7288 2734.1548