YEARLY HIGH
24.2941 MVR
YEARLY LOW
22.3243 MVR
YEARLY AVERAGE
23.3696 MVR

2015 FKP to MVR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2015

During 2015, the FKP to MVR exchange rate experienced significant fluctuation. The market reached its absolute peak on June 18, valuing the pair at 24.2941. Conversely, the yearly low was recorded on April 12, dropping to 22.3243.

This high-to-low spread represents a total annual volatility of 1.9699 MVR. From a start-to-finish perspective, comparing the January average rate of 23.1449 to the December average rate of 22.9645, the exchange rate registered a net change of -0.78% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2015 high of 24.2941 was down 8.24% compared to the 2014 peak of 26.4751, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 121,471 MVR
2014 Average 126,758 MVR
Yearly Trough Low 111,621 MVR
Transaction Impact: A difference of 9,849.41 MVR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2015.

23.9402
22.7160
JanuMarcMayJulySeptNove

FKP 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 23.2710, compared to 23.4682 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1971 points.

H1 Avg (Jan–Jun) 23.2710
H2 Avg (Jul–Dec) 23.4682

Volatility Range Comparison

Volatility

The most volatile month in 2015 was April, with a trading range of 1.3151 MVR (High: 23.6394 / Low: 22.3243). On the other end, July was the most stable month, with a tight range of 0.4537 MVR (High: 23.9352 / Low: 23.4815).

April Spread (Volatile) ±1.3151
July Spread (Stable) ±0.4537

Growth Streaks & Declines

Trends

Between April and June, 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 February and March, when the average rate fell by 0.5661 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.5661

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2015: 23.8312) against the same month in 2014 (average: 26.1211), the exchange rate shifted by -2.2899 (-8.77%).

2015 Avg (June) 23.8312
2014 Avg (June) 26.1211

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 23.7942 22.8813 23.1449
February 23.7047 22.9102 23.4040
March 23.5725 22.5065 22.8379
April 23.6394 22.3243 22.8180
May 24.1487 23.1033 23.5902
June 24.2941 23.1418 23.8312
July 23.9352 23.4815 23.7880
August 24.1087 23.4694 23.8382
September 23.8137 23.1760 23.4571
October 23.7858 23.1598 23.4887
November 23.6366 23.0369 23.2725
December 23.3054 22.6089 22.9645