2020 MVR to KPW Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2020.
2020 MVR to KPW Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2020
During 2020, the MVR to KPW exchange rate experienced significant fluctuation. The market reached its absolute peak on February 20, valuing the pair at 58.4795. Conversely, the yearly low was recorded on March 11, dropping to 57.9151.
This high-to-low spread represents a total annual volatility of 0.5645 KPW. From a start-to-finish perspective, comparing the January average rate of 58.2346 to the December average rate of 58.3911, 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 58.4795 was down 0.26% compared to the 2019 peak of 58.6320, 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 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 58.2585, compared to 58.4167 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1582 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2020 was March, with a trading range of 0.5265 KPW (High: 58.4416 / Low: 57.9151). On the other end, November was the most stable month, with a tight range of 0.0379 KPW (High: 58.4416 / Low: 58.4036).
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 April and May, when the average rate fell by 0.2056 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (February 2020: 58.2455) against the same month in 2019 (average: 58.2156), the exchange rate shifted by +0.0299 (+0.05%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 58.2839 | 58.1583 | 58.2346 |
| February | 58.4795 | 58.0271 | 58.2455 |
| March | 58.4416 | 57.9151 | 58.2627 |
| April | 58.4416 | 58.2147 | 58.3671 |
| May | 58.2524 | 58.0645 | 58.1615 |
| June | 58.4416 | 58.0271 | 58.2793 |
| July | 58.4416 | 58.4036 | 58.4269 |
| August | 58.4416 | 58.4029 | 58.4155 |
| September | 58.4416 | 58.4034 | 58.4213 |
| October | 58.4416 | 58.3847 | 58.4201 |
| November | 58.4416 | 58.4036 | 58.4251 |
| December | 58.4416 | 58.2147 | 58.3911 |