2018 MVR to VEF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2018.
2018 MVR to VEF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2018
During 2018, the MVR to VEF exchange rate experienced significant fluctuation. The market reached its absolute peak on September 11, valuing the pair at 16134.5255. Conversely, the yearly low was recorded on January 24, dropping to 0.6480.
This high-to-low spread represents a total annual volatility of 16133.8775 VEF. From a start-to-finish perspective, comparing the January average rate of 0.6560 to the December average rate of 16078.4671, the exchange rate registered a net change of 2450956.77% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2018 high of 16134.5255 was up 2214174.05% compared to the 2017 peak of 0.7287, 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 VEF 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 2751.2247, compared to 13674.0070 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 10922.7824 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2018 was August, with a trading range of 9172.2696 VEF (High: 16082.2655 / Low: 6909.9959). On the other end, January was the most stable month, with a tight range of 0.0326 VEF (High: 0.6805 / Low: 0.6480).
Growth Streaks & Declines
TrendsBetween January and September, 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 October and November, when the average rate fell by 21.4651 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (September 2018: 16110.5004) against the same month in 2017 (average: 0.6532), the exchange rate shifted by +16109.8472 (+2466250.29%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 0.6805 | 0.6480 | 0.6560 |
| February | 1874.5672 | 0.6484 | 1057.4064 |
| March | 2613.0638 | 1870.9560 | 2354.8899 |
| April | 4328.0901 | 2585.3091 | 3242.8414 |
| May | 5152.5318 | 4443.3051 | 4678.7549 |
| June | 5188.2692 | 5151.5646 | 5172.7993 |
| July | 6914.5017 | 5184.9304 | 5900.2322 |
| August | 16082.2655 | 6909.9959 | 11775.0168 |
| September | 16134.5255 | 16071.9129 | 16110.5004 |
| October | 16134.5255 | 16071.9129 | 16100.6453 |
| November | 16085.3878 | 16070.3527 | 16079.1803 |
| December | 16083.3623 | 16062.6046 | 16078.4671 |