YEARLY HIGH
0.8330 MVR
YEARLY LOW
0.6080 MVR
YEARLY AVERAGE
0.7231 MVR

2020 MXN to MVR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the MXN to MVR exchange rate experienced significant fluctuation. The market reached its absolute peak on February 16, valuing the pair at 0.8330. Conversely, the yearly low was recorded on March 23, dropping to 0.6080.

This high-to-low spread represents a total annual volatility of 0.2250 MVR. From a start-to-finish perspective, comparing the January average rate of 0.8219 to the December average rate of 0.7726, the exchange rate registered a net change of -6.00% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.8330 was up 1.05% compared to the 2019 peak of 0.8244, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 50,000 MXN based on timing:

Yearly Peak High 41,652 MVR
2019 Average 40,127 MVR
Yearly Trough Low 30,401 MVR
Transaction Impact: A difference of 11,250.94 MVR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.8404
0.6186
JanuMarcMayJulySeptNove

MXN to MVR 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 0.7213, compared to 0.7249 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0036 points.

H1 Avg (Jan–Jun) 0.7213
H2 Avg (Jul–Dec) 0.7249

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.1904 MVR (High: 0.7984 / Low: 0.6080). On the other end, January was the most stable month, with a tight range of 0.0146 MVR (High: 0.8285 / Low: 0.8140).

March Spread (Volatile) ±0.1904
January Spread (Stable) ±0.0146

Growth Streaks & Declines

Trends

Between July and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.1236 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.1236

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2020: 0.8201) against the same month in 2019 (average: 0.8061), the exchange rate shifted by +0.0139 (+1.73%).

2020 Avg (February) 0.8201
2019 Avg (February) 0.8061

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.8285 0.8140 0.8219
February 0.8330 0.7908 0.8201
March 0.7984 0.6080 0.6964
April 0.6604 0.6093 0.6370
May 0.6969 0.6240 0.6605
June 0.7216 0.6678 0.6916
July 0.7018 0.6758 0.6877
August 0.7085 0.6801 0.6955
September 0.7375 0.6877 0.7125
October 0.7381 0.7049 0.7252
November 0.7715 0.7205 0.7555
December 0.7814 0.7612 0.7726