2018 SYP to MVR Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2018.
2018 SYP to MVR Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2018
During 2018, the SYP to MVR exchange rate experienced significant fluctuation. The market reached its absolute peak on May 18, valuing the pair at 0.0302. Conversely, the yearly low was recorded on July 1, dropping to 0.0299.
This high-to-low spread represents a total annual volatility of 0.0004 MVR. From a start-to-finish perspective, comparing the January average rate of 0.0299 to the December average rate of 0.0300, the exchange rate registered a net change of 0.34% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2018 high of 0.0302 was down 58.47% compared to the 2017 peak of 0.0728, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 SYP based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2018.
SYP to MVR 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 0.0300, compared to 0.0300 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0000 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2018 was July, with a trading range of 0.0003 MVR (High: 0.0302 / Low: 0.0299). On the other end, January was the most stable month, with a tight range of 0.0000 MVR (High: 0.0299 / Low: 0.0299).
Growth Streaks & Declines
TrendsBetween January and March, 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 May and June, when the average rate fell by 0.0001 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (May 2018: 0.0301) against the same month in 2017 (average: 0.0722), the exchange rate shifted by -0.0421 (-58.29%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 0.0299 | 0.0299 | 0.0299 |
| February | 0.0300 | 0.0299 | 0.0300 |
| March | 0.0300 | 0.0299 | 0.0300 |
| April | 0.0302 | 0.0299 | 0.0300 |
| May | 0.0302 | 0.0300 | 0.0301 |
| June | 0.0301 | 0.0299 | 0.0300 |
| July | 0.0302 | 0.0299 | 0.0300 |
| August | 0.0300 | 0.0299 | 0.0300 |
| September | 0.0300 | 0.0299 | 0.0299 |
| October | 0.0300 | 0.0299 | 0.0300 |
| November | 0.0300 | 0.0300 | 0.0300 |
| December | 0.0300 | 0.0300 | 0.0300 |