2018 MVR to NPR Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2018.
2018 MVR to NPR Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2018
During 2018, the MVR to NPR exchange rate experienced significant fluctuation. The market reached its absolute peak on October 9, valuing the pair at 7.7229. Conversely, the yearly low was recorded on January 14, dropping to 6.5663.
This high-to-low spread represents a total annual volatility of 1.1566 NPR. From a start-to-finish perspective, comparing the January average rate of 6.6091 to the December average rate of 7.3140, the exchange rate registered a net change of 10.66% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2018 high of 7.7229 was up 6.56% compared to the 2017 peak of 7.2477, 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 NPR 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 6.8014, compared to 7.3651 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.5636 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2018 was November, with a trading range of 0.3903 NPR (High: 7.6052 / Low: 7.2149). On the other end, March was the most stable month, with a tight range of 0.0513 NPR (High: 6.7626 / Low: 6.7113).
Growth Streaks & Declines
TrendsBetween January and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 9 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.1926 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (October 2018: 7.6311) against the same month in 2017 (average: 6.7591), the exchange rate shifted by +0.8720 (+12.90%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 6.6604 | 6.5663 | 6.6091 |
| February | 6.7459 | 6.6149 | 6.6728 |
| March | 6.7626 | 6.7113 | 6.7342 |
| April | 6.9191 | 6.6787 | 6.8098 |
| May | 7.0436 | 6.8908 | 6.9635 |
| June | 7.1369 | 6.9125 | 7.0192 |
| July | 7.1680 | 7.0674 | 7.1218 |
| August | 7.3429 | 7.1088 | 7.2095 |
| September | 7.5514 | 7.3429 | 7.4755 |
| October | 7.7229 | 7.5589 | 7.6311 |
| November | 7.6052 | 7.2149 | 7.4385 |
| December | 7.4562 | 7.2203 | 7.3140 |