YEARLY HIGH
0.9971 ZAR
YEARLY LOW
0.7467 ZAR
YEARLY AVERAGE
0.8575 ZAR

2018 MVR to ZAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the MVR to ZAR exchange rate experienced significant fluctuation. The market reached its absolute peak on September 5, valuing the pair at 0.9971. Conversely, the yearly low was recorded on February 24, dropping to 0.7467.

This high-to-low spread represents a total annual volatility of 0.2504 ZAR. From a start-to-finish perspective, comparing the January average rate of 0.7914 to the December average rate of 0.9247, the exchange rate registered a net change of 16.84% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.9971 was up 6.04% compared to the 2017 peak of 0.9404, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 MVR based on timing:

Yearly Peak High 4,986 ZAR
2017 Average 4,312 ZAR
Yearly Trough Low 3,734 ZAR
Transaction Impact: A difference of 1,251.92 ZAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.9745
0.7468
JanuMarcMayJulySeptNove

MVR to ZAR Seasonal Trends & Volatility Analysis

A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.

Seasonal Halves (H1 vs H2)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 0.7963, compared to 0.9187 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1225 points.

H1 Avg (Jan–Jun) 0.7963
H2 Avg (Jul–Dec) 0.9187

Volatility Range Comparison

Volatility

The most volatile month in 2018 was August, with a trading range of 0.0930 ZAR (High: 0.9511 / Low: 0.8580). On the other end, March was the most stable month, with a tight range of 0.0242 ZAR (High: 0.7777 / Low: 0.7534).

August Spread (Volatile) ±0.0930
March Spread (Stable) ±0.0242

Growth Streaks & Declines

Trends

Between February and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0307 points.

Longest Streak 7 Mo.
Sharpest MoM Drop -0.0307

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2018: 0.9555) against the same month in 2017 (average: 0.8537), the exchange rate shifted by +0.1018 (+11.93%).

2018 Avg (September) 0.9555
2017 Avg (September) 0.8537

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.8083 0.7698 0.7914
February 0.7890 0.7467 0.7658
March 0.7777 0.7534 0.7666
April 0.8055 0.7682 0.7845
May 0.8222 0.7894 0.8084
June 0.9005 0.8111 0.8610
July 0.8980 0.8434 0.8678
August 0.9511 0.8580 0.9104
September 0.9971 0.9163 0.9555
October 0.9653 0.9178 0.9424
November 0.9364 0.8847 0.9117
December 0.9468 0.8867 0.9247