2018 MVR to LRD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2018.
2018 MVR to LRD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2018
During 2018, the MVR to LRD exchange rate experienced significant fluctuation. The market reached its absolute peak on July 17, valuing the pair at 10.4899. Conversely, the yearly low was recorded on February 1, dropping to 7.8878.
This high-to-low spread represents a total annual volatility of 2.6021 LRD. From a start-to-finish perspective, comparing the January average rate of 8.2359 to the December average rate of 10.1975, the exchange rate registered a net change of 23.82% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2018 high of 10.4899 was up 27.94% compared to the 2017 peak of 8.1989, 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 LRD 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 8.5427, compared to 10.0999 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.5572 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2018 was June, with a trading range of 0.8109 LRD (High: 9.7339 / Low: 8.9230). On the other end, December was the most stable month, with a tight range of 0.0810 LRD (High: 10.2330 / Low: 10.1520).
Growth Streaks & Declines
TrendsBetween February and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.1204 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (July 2018: 10.0622) against the same month in 2017 (average: 5.9902), the exchange rate shifted by +4.0720 (+67.98%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 8.3930 | 7.9635 | 8.2359 |
| February | 8.4428 | 7.8878 | 8.1809 |
| March | 8.5454 | 8.4332 | 8.4846 |
| April | 8.5629 | 8.4391 | 8.4978 |
| May | 8.9127 | 8.4809 | 8.6351 |
| June | 9.7339 | 8.9230 | 9.2222 |
| July | 10.4899 | 9.7339 | 10.0622 |
| August | 10.0000 | 9.8345 | 9.9418 |
| September | 10.3831 | 9.9774 | 10.0395 |
| October | 10.1914 | 10.0973 | 10.1507 |
| November | 10.2346 | 10.1310 | 10.2077 |
| December | 10.2330 | 10.1520 | 10.1975 |