2018 MVR to KPW Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2018.
2018 MVR to KPW Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2018
During 2018, the MVR to KPW exchange rate experienced significant fluctuation. The market reached its absolute peak on July 11, valuing the pair at 58.4416. Conversely, the yearly low was recorded on May 20, dropping to 57.7756.
This high-to-low spread represents a total annual volatility of 0.6659 KPW. From a start-to-finish perspective, comparing the January average rate of 58.4291 to the December average rate of 58.2348, the exchange rate registered a net change of -0.33% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2018 high of 58.4416 was down 8.19% compared to the 2017 peak of 63.6556, 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 KPW 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 58.2724, compared to 58.2977 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0253 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2018 was April, with a trading range of 0.6207 KPW (High: 58.4411 / Low: 57.8203). On the other end, January was the most stable month, with a tight range of 0.0370 KPW (High: 58.4411 / Low: 58.4041).
Growth Streaks & Declines
TrendsBetween May and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.2874 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (July 2018: 58.3374) against the same month in 2017 (average: 58.1332), the exchange rate shifted by +0.2042 (+0.35%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 58.4411 | 58.4041 | 58.4291 |
| February | 58.4411 | 58.2147 | 58.3049 |
| March | 58.4411 | 58.2147 | 58.2544 |
| April | 58.4411 | 57.8203 | 58.3351 |
| May | 58.2515 | 57.7756 | 58.0478 |
| June | 58.4411 | 58.0276 | 58.2631 |
| July | 58.4416 | 57.8945 | 58.3374 |
| August | 58.4416 | 58.1771 | 58.3049 |
| September | 58.4416 | 58.2148 | 58.3545 |
| October | 58.4416 | 58.2148 | 58.3188 |
| November | 58.2523 | 58.2148 | 58.2360 |
| December | 58.2525 | 58.1773 | 58.2348 |