2011 MVR to ZMK Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2011.
2011 MVR to ZMK Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2011
During 2011, the MVR to ZMK exchange rate experienced significant fluctuation. The market reached its absolute peak on March 15, valuing the pair at 379.6129. Conversely, the yearly low was recorded on May 12, dropping to 337.5733.
This high-to-low spread represents a total annual volatility of 42.0396 ZMK. From a start-to-finish perspective, comparing the January average rate of 373.5597 to the December average rate of 364.6259, the exchange rate registered a net change of -2.39% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2011 high of 379.6129 was down 7.76% compared to the 2010 peak of 411.5347, 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 2011.
MVR to ZMK 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 363.6045, compared to 353.1329 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 10.4716 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2011 was May, with a trading range of 34.4254 ZMK (High: 371.9987 / Low: 337.5733). On the other end, July was the most stable month, with a tight range of 5.2924 ZMK (High: 346.2990 / Low: 341.0066).
Growth Streaks & Declines
TrendsBetween September and December, 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 April and May, when the average rate fell by 18.7657 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (March 2011: 372.0855) against the same month in 2010 (average: 368.4418), the exchange rate shifted by +3.6437 (+0.99%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 378.8960 | 370.0453 | 373.5597 |
| February | 378.8167 | 370.9908 | 374.2171 |
| March | 379.6129 | 365.9731 | 372.0855 |
| April | 370.8124 | 363.5075 | 368.6556 |
| May | 371.9987 | 337.5733 | 349.8898 |
| June | 347.7340 | 338.7840 | 343.2193 |
| July | 346.2990 | 341.0066 | 343.6082 |
| August | 356.6912 | 341.2345 | 350.8906 |
| September | 354.1771 | 341.1465 | 349.2216 |
| October | 358.5694 | 341.1465 | 351.9885 |
| November | 364.5358 | 351.5617 | 358.4626 |
| December | 368.7078 | 362.2356 | 364.6259 |