YEARLY HIGH
10.7296 MVR
YEARLY LOW
9.6146 MVR
YEARLY AVERAGE
10.1820 MVR

2019 NZD to MVR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the NZD to MVR exchange rate experienced significant fluctuation. The market reached its absolute peak on March 20, valuing the pair at 10.7296. Conversely, the yearly low was recorded on October 1, dropping to 9.6146.

This high-to-low spread represents a total annual volatility of 1.1150 MVR. From a start-to-finish perspective, comparing the January average rate of 10.4997 to the December average rate of 10.1935, the exchange rate registered a net change of -2.92% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 10.7296 was down 6.12% compared to the 2018 peak of 11.4287, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 53,648 MVR
2018 Average 53,442 MVR
Yearly Trough Low 48,073 MVR
Transaction Impact: A difference of 5,574.95 MVR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

10.6454
9.6895
JanuMarcMayJulySeptNove

NZD 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 10.3861, compared to 9.9780 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.4081 points.

H1 Avg (Jan–Jun) 10.3861
H2 Avg (Jul–Dec) 9.9780

Volatility Range Comparison

Volatility

The most volatile month in 2019 was December, with a trading range of 0.4850 MVR (High: 10.3965 / Low: 9.9116). On the other end, November was the most stable month, with a tight range of 0.1657 MVR (High: 9.9418 / Low: 9.7760).

December Spread (Volatile) ±0.4850
November Spread (Stable) ±0.1657

Growth Streaks & Declines

Trends

Between 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 July and August, when the average rate fell by 0.3633 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.3633

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2019: 10.5651) against the same month in 2018 (average: 11.2047), the exchange rate shifted by -0.6396 (-5.71%).

2019 Avg (March) 10.5651
2018 Avg (March) 11.2047

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 10.7164 10.2449 10.4997
February 10.6911 10.3837 10.5657
March 10.7296 10.4495 10.5651
April 10.4905 10.1892 10.3579
May 10.2332 10.0189 10.1189
June 10.3855 10.0285 10.2091
July 10.4705 10.1149 10.3126
August 10.1311 9.7506 9.9493
September 9.9287 9.6371 9.7691
October 9.9090 9.6146 9.7756
November 9.9418 9.7760 9.8676
December 10.3965 9.9116 10.1935