2020 MVR to IRR Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2020.
2020 MVR to IRR Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2020
During 2020, the MVR to IRR exchange rate experienced significant fluctuation. The market reached its absolute peak on July 7, valuing the pair at 4296.0435. Conversely, the yearly low was recorded on March 11, dropping to 2709.4595.
This high-to-low spread represents a total annual volatility of 1586.5840 IRR. From a start-to-finish perspective, comparing the January average rate of 2724.4799 to the December average rate of 2731.7890, the exchange rate registered a net change of 0.27% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2020 high of 4296.0435 was up 54.70% compared to the 2019 peak of 2776.9734, 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 2020.
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 2725.8977, compared to 2741.4234 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 15.5257 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2020 was July, with a trading range of 1563.7268 IRR (High: 4296.0435 / Low: 2732.3167). On the other end, September was the most stable month, with a tight range of 2.0163 IRR (High: 2734.1364 / Low: 2732.1201).
Growth Streaks & Declines
TrendsBetween 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 July and August, when the average rate fell by 51.3374 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (July 2020: 2784.1638) against the same month in 2019 (average: 2725.9119), the exchange rate shifted by +58.2520 (+2.14%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 2726.6881 | 2720.8120 | 2724.4799 |
| February | 2735.8674 | 2714.4658 | 2725.1439 |
| March | 2740.8426 | 2709.4595 | 2726.5930 |
| April | 2734.0909 | 2723.4799 | 2730.6012 |
| May | 2726.7429 | 2716.4516 | 2721.6593 |
| June | 2738.7227 | 2714.7002 | 2726.9087 |
| July | 4296.0435 | 2732.3167 | 2784.1638 |
| August | 2734.0909 | 2731.6067 | 2732.8264 |
| September | 2734.1364 | 2732.1201 | 2733.1379 |
| October | 2734.0969 | 2731.4304 | 2733.0896 |
| November | 2736.2935 | 2732.3167 | 2733.5335 |
| December | 2735.9276 | 2723.4799 | 2731.7890 |