2019 MVR to PKR Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2019.
2019 MVR to PKR Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2019
During 2019, the MVR to PKR exchange rate experienced significant fluctuation. The market reached its absolute peak on June 30, valuing the pair at 10.5992. Conversely, the yearly low was recorded on February 2, dropping to 8.9322.
This high-to-low spread represents a total annual volatility of 1.6670 PKR. From a start-to-finish perspective, comparing the January average rate of 9.0070 to the December average rate of 10.0318, the exchange rate registered a net change of 11.38% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2019 high of 10.5992 was up 17.15% compared to the 2018 peak of 9.0477, 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 2019.
MVR to PKR 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 9.2702, compared to 10.1729 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.9027 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2019 was June, with a trading range of 1.1603 PKR (High: 10.5992 / Low: 9.4390). On the other end, December was the most stable month, with a tight range of 0.0796 PKR (High: 10.0826 / Low: 10.0030).
Growth Streaks & Declines
TrendsBetween January and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.1394 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (June 2019: 9.9520) against the same month in 2018 (average: 7.6894), the exchange rate shifted by +2.2627 (+29.43%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 9.0639 | 8.9716 | 9.0070 |
| February | 9.0485 | 8.9322 | 9.0119 |
| March | 9.1273 | 8.9725 | 9.0434 |
| April | 9.2297 | 9.0778 | 9.1729 |
| May | 9.8671 | 9.1807 | 9.4341 |
| June | 10.5992 | 9.4390 | 9.9520 |
| July | 10.4709 | 10.0981 | 10.3179 |
| August | 10.4329 | 10.1299 | 10.3027 |
| September | 10.2132 | 10.0746 | 10.1633 |
| October | 10.1851 | 10.0649 | 10.1365 |
| November | 10.1549 | 10.0299 | 10.0852 |
| December | 10.0826 | 10.0030 | 10.0318 |