YEARLY HIGH
1.2513 ZAR
YEARLY LOW
0.9068 ZAR
YEARLY AVERAGE
1.0674 ZAR

2020 MVR to ZAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the MVR to ZAR exchange rate experienced significant fluctuation. The market reached its absolute peak on April 5, valuing the pair at 1.2513. Conversely, the yearly low was recorded on January 1, dropping to 0.9068.

This high-to-low spread represents a total annual volatility of 0.3445 ZAR. From a start-to-finish perspective, comparing the January average rate of 0.9322 to the December average rate of 0.9648, the exchange rate registered a net change of 3.50% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 1.2513 was up 25.01% compared to the 2019 peak of 1.0010, 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 6,257 ZAR
2019 Average 4,678 ZAR
Yearly Trough Low 4,534 ZAR
Transaction Impact: A difference of 1,722.70 ZAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

1.2354
0.9046
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 1.0797, compared to 1.0552 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0245 points.

H1 Avg (Jan–Jun) 1.0797
H2 Avg (Jul–Dec) 1.0552

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.1796 ZAR (High: 1.1632 / Low: 0.9836). On the other end, October was the most stable month, with a tight range of 0.0333 ZAR (High: 1.0851 / Low: 1.0518).

March Spread (Volatile) ±0.1796
October Spread (Stable) ±0.0333

Growth Streaks & Declines

Trends

Between January and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0649 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0649

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2020: 1.2079) against the same month in 2019 (average: 0.9167), the exchange rate shifted by +0.2912 (+31.77%).

2020 Avg (April) 1.2079
2019 Avg (April) 0.9167

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.9707 0.9068 0.9322
February 1.0103 0.9552 0.9743
March 1.1632 0.9836 1.0812
April 1.2513 1.1701 1.2079
May 1.2206 1.1236 1.1737
June 1.1317 1.0654 1.1088
July 1.1142 1.0652 1.0885
August 1.1480 1.0754 1.1177
September 1.1131 1.0492 1.0855
October 1.0851 1.0518 1.0669
November 1.0563 0.9820 1.0076
December 0.9929 0.9437 0.9648