MVR to NGN Historical Rates

Analyze long-term market trends and access daily historical data for the MVR/NGN pair.

10-YEAR HIGH
109.7477 NGN
10-YEAR LOW
19.7259 NGN
10-YEAR AVERAGE
43.9147 NGN

10-Year MVR to NGN Performance & Macro Timing Review

Analysis of key historical highlights and timing insights over the past decade

Over the last 10 years, the MVR to NGN exchange rate has undergone significant macro fluctuations. The market reached its absolute decade peak on November 22, 2024, when the pair was valued at 109.7477. Conversely, the absolute lowest rate of the decade was recorded on January 31, 2017, dropping to a support floor of 19.7259.

This peak-to-trough range represents a total macro spread of 90.0218 NGN. From a long-term perspective, comparing the decade's oldest annual average of 20.6723 (in 2016) to the newest annual average of 89.0914 (in 2026), the exchange rate registered a net shift of +330.97%.

Analyzing macro structural support, the trading dynamics in the recent 5-year period averaged 64.8065, showing a variance of 41.4860 points compared to the older 5-year average of 23.3205.

10-Year Payout Timing Comparison

Value generated converting a dynamic sum of 5,000 MVR over the decade:

Decade Peak High 548,739 NGN
10-Year Average 219,574 NGN
Decade Trough Low 98,630 NGN
Macro Timing Impact: A difference of 450,109.01 NGN purely based on trade execution date over the last 10 years.

10-Year Macro Trend

Monthly average exchange rates over the last decade.

117.6262
10.8259
201620182020202220242026

MVR to NGN Macro Trends & Volatility Analysis

A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.

Decade Halves Comparison

Macro Shift

The average exchange rate in the first 5 years of the decade was 23.3205, compared to 64.8065 in the recent 5 years. This shows that the rate was stronger in the recent 5 years (post-5yr baseline) by a margin of 41.4860 points.

Older 5 Yrs Avg 23.3205
Recent 5 Yrs Avg 64.8065

Annual Volatility Extremes

Volatility

The most volatile year in the decade was 2024, with a trading range of 54.0008 NGN (High: 109.7477 / Low: 55.7469). Conversely, 2018 was the most stable year, with a range of 0.5793 NGN (High: 23.6722 / Low: 23.0929).

2024 Spread (Volatile) ±54.0008
2018 Spread (Stable) ±0.5793

Decade Growth & Declines

Macro Trends

Between 2019 and 2025, the exchange rate recorded its longest consecutive growth streak of the decade, climbing for 6 straight years. Conversely, the sharpest year-over-year decline occurred between 2025 and 2026, when the average rate fell by 9.7868 points.

Longest Streak 6 Yrs.
Sharpest YoY Drop -9.7868

10-Year Historical Baseline

YoY Baseline

Comparing the decade's oldest annual average (2016: 20.6723) against the newest annual average (2026: 89.0914), the exchange rate shifted by +68.4191 (+330.97%).

2016 Baseline Avg 20.6723
2026 Current Avg 89.0914

Recent 30 Days

Live daily mid-market rates for the past month.

Date Exchange Rate
2026-07-30 87.8687
2026-07-29 88.1695
2026-07-28 88.4393
2026-07-27 88.3354
2026-07-26 88.5551
2026-07-25 88.5497
2026-07-24 88.5730
2026-07-23 88.6551
2026-07-22 89.1048
2026-07-21 89.2720
2026-07-20 89.2516
2026-07-19 89.1609
2026-07-18 89.1806
2026-07-17 89.2671
2026-07-16 89.1395
2026-07-15 89.2966
2026-07-14 89.4774
2026-07-13 89.3750
2026-07-12 89.2527
2026-07-11 89.1858
2026-07-10 89.0895
2026-07-09 89.0737
2026-07-08 88.9371
2026-07-07 88.6449
2026-07-06 88.6136
2026-07-05 88.5988
2026-07-04 88.6051
2026-07-03 88.5705
2026-07-02 88.8400
2026-07-01 89.1442
2026-06-30 89.3337

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