2018 MVR to MZN Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2018.
2018 MVR to MZN Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2018
During 2018, the MVR to MZN exchange rate experienced significant fluctuation. The market reached its absolute peak on March 11, valuing the pair at 4.0188. Conversely, the yearly low was recorded on July 29, dropping to 3.7435.
This high-to-low spread represents a total annual volatility of 0.2753 MZN. From a start-to-finish perspective, comparing the January average rate of 3.8354 to the December average rate of 3.9473, the exchange rate registered a net change of 2.92% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2018 high of 4.0188 was down 13.95% compared to the 2017 peak of 4.6705, 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 MZN 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 3.9101, compared to 3.8938 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0164 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2018 was July, with a trading range of 0.1533 MZN (High: 3.8968 / Low: 3.7435). On the other end, October was the most stable month, with a tight range of 0.0246 MZN (High: 3.9389 / Low: 3.9143).
Growth Streaks & Declines
TrendsBetween August and December, 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 March and April, when the average rate fell by 0.0718 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (March 2018: 4.0051) against the same month in 2017 (average: 4.4643), the exchange rate shifted by -0.4592 (-10.29%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 3.9072 | 3.8118 | 3.8354 |
| February | 3.9656 | 3.9132 | 3.9472 |
| March | 4.0188 | 3.9607 | 4.0051 |
| April | 3.9752 | 3.8600 | 3.9333 |
| May | 3.9104 | 3.8542 | 3.8822 |
| June | 3.8829 | 3.8339 | 3.8575 |
| July | 3.8968 | 3.7435 | 3.8246 |
| August | 3.8755 | 3.7475 | 3.8039 |
| September | 3.9530 | 3.8755 | 3.9215 |
| October | 3.9389 | 3.9143 | 3.9268 |
| November | 3.9679 | 3.9094 | 3.9385 |
| December | 3.9864 | 3.8972 | 3.9473 |