YEARLY HIGH
1.9314 MVR
YEARLY LOW
1.6112 MVR
YEARLY AVERAGE
1.7512 MVR

2010 ZAR to MVR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2010

During 2010, the ZAR to MVR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 1.9314. Conversely, the yearly low was recorded on May 25, dropping to 1.6112.

This high-to-low spread represents a total annual volatility of 0.3202 MVR. From a start-to-finish perspective, comparing the January average rate of 1.7143 to the December average rate of 1.8772, the exchange rate registered a net change of 9.50% (reflecting a strengthening trend).

Transfer Payout Power Comparison

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

Yearly Peak High 96,568 MVR
Yearly Average 87,560 MVR
Yearly Trough Low 80,559 MVR
Transaction Impact: A difference of 16,009.39 MVR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2010.

1.8983
1.6454
JanuMarcMayJulySeptNove

ZAR 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 1.7005, compared to 1.8019 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1014 points.

H1 Avg (Jan–Jun) 1.7005
H2 Avg (Jul–Dec) 1.8019

Volatility Range Comparison

Volatility

The most volatile month in 2010 was May, with a trading range of 0.1294 MVR (High: 1.7406 / Low: 1.6112). On the other end, August was the most stable month, with a tight range of 0.0488 MVR (High: 1.7787 / Low: 1.7299).

May Spread (Volatile) ±0.1294
August Spread (Stable) ±0.0488

Growth Streaks & Declines

Trends

Between June and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0632 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0632

Same-Month Historical Baseline

YoY Baseline

Historical data for the previous year (2009) is currently unavailable. Strongest month average for December 2010 is 1.8772.

2010 Avg (December) 1.8772
Baseline Avg N/A

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.7547 1.6799 1.7143
February 1.7143 1.6325 1.6665
March 1.7618 1.6703 1.7276
April 1.7654 1.7108 1.7420
May 1.7406 1.6112 1.6787
June 1.7122 1.6441 1.6740
July 1.7509 1.6535 1.6982
August 1.7787 1.7299 1.7533
September 1.8402 1.7476 1.7959
October 1.8847 1.8143 1.8512
November 1.8851 1.7904 1.8355
December 1.9314 1.8250 1.8772