ZAR to MVR Historical Rates

Analyze long-term market trends and access daily historical data for the ZAR/MVR pair.

10-YEAR HIGH
1.3391 MVR
10-YEAR LOW
0.7756 MVR
10-YEAR AVERAGE
0.9885 MVR

10-Year ZAR to MVR Performance & Macro Timing Review

Analysis of key historical highlights and timing insights over the past decade

Over the last 10 years, the ZAR to MVR exchange rate has undergone significant macro fluctuations. The market reached its absolute decade peak on February 24, 2018, when the pair was valued at 1.3391. Conversely, the absolute lowest rate of the decade was recorded on May 31, 2023, dropping to a support floor of 0.7756.

This peak-to-trough range represents a total macro spread of 0.5635 MVR. From a long-term perspective, comparing the decade's oldest annual average of 1.0964 (in 2016) to the newest annual average of 0.9412 (in 2026), the exchange rate registered a net shift of -14.16%.

Analyzing macro structural support, the trading dynamics in the recent 5-year period averaged 0.8910, showing a variance of 0.1936 points compared to the older 5-year average of 1.0846.

10-Year Payout Timing Comparison

Value generated converting a dynamic sum of 50,000 ZAR over the decade:

Decade Peak High 66,957 MVR
10-Year Average 49,426 MVR
Decade Trough Low 38,782 MVR
Macro Timing Impact: A difference of 28,175.50 MVR purely based on trade execution date over the last 10 years.

10-Year Macro Trend

Monthly average exchange rates over the last decade.

1.3646
0.7221
201620182020202220242026

ZAR to MVR Macro Trends & Volatility Analysis

A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.

Decade Halves Comparison

Macro Shift

The average exchange rate in the first 5 years of the decade was 1.0846, compared to 0.8910 in the recent 5 years. This shows that the rate was stronger in the older 5 years by a margin of 0.1936 points.

Older 5 Yrs Avg 1.0846
Recent 5 Yrs Avg 0.8910

Annual Volatility Extremes

Volatility

The most volatile year in the decade was 2018, with a trading range of 0.3363 MVR (High: 1.3391 / Low: 1.0029). Conversely, 2026 was the most stable year, with a range of 0.0850 MVR (High: 0.9831 / Low: 0.8981).

2018 Spread (Volatile) ±0.3363
2026 Spread (Stable) ±0.0850

Decade Growth & Declines

Macro Trends

Between 2023 and 2026, the exchange rate recorded its longest consecutive growth streak of the decade, climbing for 3 straight years. Conversely, the sharpest year-over-year decline occurred between 2019 and 2020, when the average rate fell by 0.1273 points.

Longest Streak 3 Yrs.
Sharpest YoY Drop -0.1273

10-Year Historical Baseline

YoY Baseline

Comparing the decade's oldest annual average (2016: 1.0964) against the newest annual average (2026: 0.9412), the exchange rate shifted by -0.1553 (-14.16%).

2016 Baseline Avg 1.0964
2026 Current Avg 0.9412

Recent 30 Days

Live daily mid-market rates for the past month.

Date Exchange Rate
2026-07-29 0.9249
2026-07-28 0.9206
2026-07-27 0.9233
2026-07-26 0.9186
2026-07-25 0.9178
2026-07-24 0.9178
2026-07-23 0.9332
2026-07-22 0.9398
2026-07-21 0.9392
2026-07-20 0.9364
2026-07-19 0.9506
2026-07-18 0.9392
2026-07-17 0.9375
2026-07-16 0.9440
2026-07-15 0.9453
2026-07-14 0.9413
2026-07-13 0.9424
2026-07-12 0.9462
2026-07-11 0.9479
2026-07-10 0.9479
2026-07-09 0.9446
2026-07-08 0.9446
2026-07-07 0.9508
2026-07-06 0.9525
2026-07-05 0.9525
2026-07-04 0.9525
2026-07-03 0.9528
2026-07-02 0.9468
2026-07-01 0.9418
2026-06-30 0.9422
2026-06-29 0.9399

Browse by Year

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