2018 MVR to STD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2018.
2018 MVR to STD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2018
During 2018, the MVR to STD exchange rate experienced significant fluctuation. The market reached its absolute peak on June 20, valuing the pair at 1373.7936. Conversely, the yearly low was recorded on February 17, dropping to 1275.2328.
This high-to-low spread represents a total annual volatility of 98.5608 STD. From a start-to-finish perspective, comparing the January average rate of 1311.0254 to the December average rate of 1362.0853, the exchange rate registered a net change of 3.89% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2018 high of 1373.7936 was down 10.64% compared to the 2017 peak of 1537.3853, 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 STD 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 1312.1053, compared to 1363.4124 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 51.3071 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2018 was January, with a trading range of 45.0766 STD (High: 1328.1278 / Low: 1283.0512). On the other end, November was the most stable month, with a tight range of 0.8771 STD (High: 1362.4945 / Low: 1361.6174).
Growth Streaks & Declines
TrendsBetween February and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 25.0091 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (June 2018: 1359.8773) against the same month in 2017 (average: 1402.8586), the exchange rate shifted by -42.9813 (-3.06%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 1328.1278 | 1283.0512 | 1311.0254 |
| February | 1300.2281 | 1275.2328 | 1286.0163 |
| March | 1292.2501 | 1279.7698 | 1287.3864 |
| April | 1300.7254 | 1280.9012 | 1292.3004 |
| May | 1362.9456 | 1318.3898 | 1336.0261 |
| June | 1373.7936 | 1342.3936 | 1359.8773 |
| July | 1368.0016 | 1348.1177 | 1360.5613 |
| August | 1366.9220 | 1360.7355 | 1363.6622 |
| September | 1366.9220 | 1361.6174 | 1364.8865 |
| October | 1372.6431 | 1361.6174 | 1367.1643 |
| November | 1362.4945 | 1361.6174 | 1362.1144 |
| December | 1362.5000 | 1360.7415 | 1362.0853 |