2019 MVR to KZT Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2019.
2019 MVR to KZT Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2019
During 2019, the MVR to KZT exchange rate experienced significant fluctuation. The market reached its absolute peak on October 18, valuing the pair at 25.3430. Conversely, the yearly low was recorded on February 12, dropping to 24.2155.
This high-to-low spread represents a total annual volatility of 1.1276 KZT. From a start-to-finish perspective, comparing the January average rate of 24.4455 to the December average rate of 24.8801, the exchange rate registered a net change of 1.78% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2019 high of 25.3430 was up 1.90% compared to the 2018 peak of 24.8704, 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 2019.
MVR to KZT 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 24.5550, compared to 25.0466 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.4916 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2019 was August, with a trading range of 0.7170 KZT (High: 25.2183 / Low: 24.5013). On the other end, November was the most stable month, with a tight range of 0.2034 KZT (High: 25.2344 / Low: 25.0310).
Growth Streaks & Declines
TrendsBetween February and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.2549 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (October 2019: 25.2498) against the same month in 2018 (average: 23.8269), the exchange rate shifted by +1.4228 (+5.97%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 24.8871 | 24.2706 | 24.4455 |
| February | 24.7185 | 24.2155 | 24.4109 |
| March | 24.6276 | 24.2864 | 24.4711 |
| April | 24.7717 | 24.4798 | 24.6124 |
| May | 24.7668 | 24.5037 | 24.6621 |
| June | 24.9863 | 24.3678 | 24.7281 |
| July | 24.9798 | 24.6960 | 24.8786 |
| August | 25.2183 | 24.5013 | 25.0088 |
| September | 25.2513 | 24.8748 | 25.1274 |
| October | 25.3430 | 25.0928 | 25.2498 |
| November | 25.2344 | 25.0310 | 25.1350 |
| December | 25.1636 | 24.6113 | 24.8801 |