2019 MVR to VEF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2019.
2019 MVR to VEF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2019
During 2019, the MVR to VEF exchange rate experienced significant fluctuation. The market reached its absolute peak on May 14, valuing the pair at 16188.1379. Conversely, the yearly low was recorded on January 23, dropping to 15979.9343.
This high-to-low spread represents a total annual volatility of 208.2037 VEF. From a start-to-finish perspective, comparing the January average rate of 16047.9634 to the December average rate of 16090.7577, the exchange rate registered a net change of 0.27% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2019 high of 16188.1379 was up 0.33% compared to the 2018 peak of 16134.5255, 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 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 16081.0528, compared to 16098.8384 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 17.7856 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2019 was July, with a trading range of 156.6885 VEF (High: 16188.1337 / Low: 16031.4453). On the other end, September was the most stable month, with a tight range of 52.2376 VEF (High: 16135.6000 / Low: 16083.3623).
Growth Streaks & Declines
TrendsBetween January and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 48.8881 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (May 2019: 16118.0680) against the same month in 2018 (average: 4678.7549), the exchange rate shifted by +11439.3131 (+244.49%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 16083.3425 | 15979.9343 | 16047.9634 |
| February | 16140.8048 | 16031.4329 | 16073.1715 |
| March | 16135.5601 | 16021.1401 | 16074.5722 |
| April | 16182.8066 | 16031.4236 | 16103.3617 |
| May | 16188.1379 | 16031.4535 | 16118.0680 |
| June | 16135.5339 | 16021.1401 | 16069.1799 |
| July | 16188.1337 | 16031.4453 | 16087.2917 |
| August | 16148.6584 | 16031.4535 | 16068.4341 |
| September | 16135.6000 | 16083.3623 | 16123.0177 |
| October | 16161.8494 | 16057.3276 | 16117.7001 |
| November | 16188.1200 | 16031.4608 | 16105.8290 |
| December | 16135.5612 | 16072.9393 | 16090.7577 |