YEARLY HIGH
1.0010 ZAR
YEARLY LOW
0.8558 ZAR
YEARLY AVERAGE
0.9354 ZAR

2019 MVR to ZAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the MVR to ZAR exchange rate experienced significant fluctuation. The market reached its absolute peak on August 28, valuing the pair at 1.0010. Conversely, the yearly low was recorded on January 31, dropping to 0.8558.

This high-to-low spread represents a total annual volatility of 0.1452 ZAR. From a start-to-finish perspective, comparing the January average rate of 0.8935 to the December average rate of 0.9319, the exchange rate registered a net change of 4.30% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 1.0010 was up 0.39% compared to the 2018 peak of 0.9971, 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 5,005 ZAR
2018 Average 4,290 ZAR
Yearly Trough Low 4,279 ZAR
Transaction Impact: A difference of 725.84 ZAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.9904
0.8843
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 0.9185, compared to 0.9523 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0338 points.

H1 Avg (Jan–Jun) 0.9185
H2 Avg (Jul–Dec) 0.9523

Volatility Range Comparison

Volatility

The most volatile month in 2019 was January, with a trading range of 0.0885 ZAR (High: 0.9443 / Low: 0.8558). On the other end, November was the most stable month, with a tight range of 0.0224 ZAR (High: 0.9728 / Low: 0.9504).

January Spread (Volatile) ±0.0885
November Spread (Stable) ±0.0224

Growth Streaks & Declines

Trends

Between April and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.0316 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0316

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2019: 0.9816) against the same month in 2018 (average: 0.9104), the exchange rate shifted by +0.0712 (+7.82%).

2019 Avg (August) 0.9816
2018 Avg (August) 0.9104

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.9443 0.8558 0.8935
February 0.9145 0.8596 0.8932
March 0.9488 0.9166 0.9310
April 0.9355 0.9016 0.9167
May 0.9573 0.9198 0.9347
June 0.9753 0.9114 0.9422
July 0.9290 0.8977 0.9106
August 1.0010 0.9493 0.9816
September 0.9870 0.9466 0.9650
October 0.9960 0.9431 0.9659
November 0.9728 0.9504 0.9590
December 0.9566 0.9069 0.9319