2018 MVR to IRR Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2018.
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.
Comparing the value generated converting 5,000 MVR based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2018.
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)
SeasonalThe 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.
Volatility Range Comparison
VolatilityThe 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).
Growth Streaks & Declines
TrendsBetween 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.
Same-Month Historical Baseline
YoY BaselineComparing 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%).
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 |