YEARLY HIGH
4296.0435 IRR
YEARLY LOW
2709.4595 IRR
YEARLY AVERAGE
2733.6605 IRR

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.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 MVR based on timing:

Yearly Peak High 21,480,217 IRR
2019 Average 13,647,811 IRR
Yearly Trough Low 13,547,297 IRR
Transaction Impact: A difference of 7,932,920.09 IRR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

2790.4143
2715.4088
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 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.

H1 Avg (Jan–Jun) 2725.8977
H2 Avg (Jul–Dec) 2741.4234

Volatility Range Comparison

Volatility

The 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).

July Spread (Volatile) ±1563.7268
September Spread (Stable) ±2.0163

Growth Streaks & Declines

Trends

Between 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.

Longest Streak 3 Mo.
Sharpest MoM Drop -51.3374

Same-Month Historical Baseline

YoY Baseline

Comparing 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%).

2020 Avg (July) 2784.1638
2019 Avg (July) 2725.9119

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