2020 MVR to LRD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2020.
2020 MVR to LRD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2020
During 2020, the MVR to LRD exchange rate experienced significant fluctuation. The market reached its absolute peak on July 16, valuing the pair at 12.9448. Conversely, the yearly low was recorded on November 22, dropping to 10.1233.
This high-to-low spread represents a total annual volatility of 2.8215 LRD. From a start-to-finish perspective, comparing the January average rate of 12.3884 to the December average rate of 10.4633, the exchange rate registered a net change of -15.54% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2020 high of 12.9448 was down 5.74% compared to the 2019 peak of 13.7338, 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 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 12.7455, compared to 12.1086 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.6369 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2020 was November, with a trading range of 1.7521 LRD (High: 11.8754 / Low: 10.1233). On the other end, July was the most stable month, with a tight range of 0.0133 LRD (High: 12.9448 / Low: 12.9315).
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 October and November, when the average rate fell by 1.8276 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (July 2020: 12.9386) against the same month in 2019 (average: 12.9523), the exchange rate shifted by -0.0138 (-0.11%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 12.6359 | 12.1424 | 12.3884 |
| February | 12.8223 | 12.6132 | 12.7210 |
| March | 12.8604 | 12.7320 | 12.8020 |
| April | 12.8669 | 12.8155 | 12.8464 |
| May | 12.8576 | 12.7823 | 12.8240 |
| June | 12.9416 | 12.8159 | 12.8909 |
| July | 12.9448 | 12.9315 | 12.9386 |
| August | 12.9448 | 12.9310 | 12.9365 |
| September | 12.9448 | 12.9056 | 12.9246 |
| October | 12.9205 | 11.8754 | 12.6080 |
| November | 11.8754 | 10.1233 | 10.7804 |
| December | 10.6645 | 10.2104 | 10.4633 |