2020 MVR to KRW Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2020.
2020 MVR to KRW Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2020
During 2020, the MVR to KRW exchange rate experienced significant fluctuation. The market reached its absolute peak on March 23, valuing the pair at 81.9123. Conversely, the yearly low was recorded on December 6, dropping to 70.1534.
This high-to-low spread represents a total annual volatility of 11.7589 KRW. From a start-to-finish perspective, comparing the January average rate of 75.4511 to the December average rate of 70.9922, the exchange rate registered a net change of -5.91% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2020 high of 81.9123 was up 3.96% compared to the 2019 peak of 78.7958, 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 KRW 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 78.0694, compared to 74.8381 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 3.2313 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2020 was March, with a trading range of 5.5618 KRW (High: 81.9123 / Low: 76.3505). On the other end, August was the most stable month, with a tight range of 0.8965 KRW (High: 77.5075 / Low: 76.6110).
Growth Streaks & Declines
TrendsBetween January and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 2.1821 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (March 2020: 78.7372) against the same month in 2019 (average: 73.2757), the exchange rate shifted by +5.4615 (+7.45%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 77.3590 | 74.7534 | 75.4511 |
| February | 78.8770 | 76.2581 | 77.3312 |
| March | 81.9123 | 76.3505 | 78.7372 |
| April | 80.3120 | 78.3877 | 79.2954 |
| May | 80.3249 | 78.6903 | 79.4453 |
| June | 78.9735 | 76.7737 | 78.1559 |
| July | 78.2630 | 77.2500 | 77.8478 |
| August | 77.5075 | 76.6110 | 77.0610 |
| September | 77.3877 | 75.5584 | 76.4607 |
| October | 75.6885 | 73.2756 | 74.2786 |
| November | 73.7609 | 71.7548 | 72.3881 |
| December | 72.0266 | 70.1534 | 70.9922 |