2018 ZAR to MVR Historical Review

YEARLY HIGH

1.3391 MVR

YEARLY LOW

1.0029 MVR

YEARLY AVERAGE

1.1741 MVR

2018 ZAR to MVR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the ZAR to MVR exchange rate experienced significant fluctuation. The market reached its absolute peak on February 24, valuing the pair at 1.3391. Conversely, the yearly low was recorded on September 5, dropping to 1.0029.

This high-to-low spread represents a total annual volatility of 0.3363 MVR. From a start-to-finish perspective, comparing the January average rate of 1.2639 to the December average rate of 1.0818, the exchange rate registered a net change of -14.41% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 1.3391 was up 6.61% compared to the 2017 peak of 1.2562, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 66,957 MVR

2017 Average 58,052 MVR

Yearly Trough Low 50,144 MVR

Transaction Impact: A difference of 16,813.27 MVR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

1.3321

1.0214

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 1.2582, compared to 1.0900 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1682 points.

H1 Avg (Jan–Jun) 1.2582

H2 Avg (Jul–Dec) 1.0900

Volatility Range Comparison

Volatility

The most volatile month in 2018 was June, with a trading range of 0.1225 MVR (High: 1.2329 / Low: 1.1105). On the other end, March was the most stable month, with a tight range of 0.0414 MVR (High: 1.3272 / Low: 1.2859).

June Spread (Volatile) ±0.1225

March Spread (Stable) ±0.0414

Growth Streaks & Declines

Trends

Between September and November, 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 0.0746 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0746

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2018: 1.3062) against the same month in 2017 (average: 1.1734), the exchange rate shifted by +0.1328 (+11.32%).

2018 Avg (February) 1.3062

2017 Avg (February) 1.1734

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.2990	1.2372	1.2639
February	1.3391	1.2674	1.3062
March	1.3272	1.2859	1.3045
April	1.3017	1.2414	1.2750
May	1.2668	1.2163	1.2372
June	1.2329	1.1105	1.1626
July	1.1857	1.1136	1.1527
August	1.1654	1.0515	1.0996
September	1.0913	1.0029	1.0473
October	1.0896	1.0359	1.0613
November	1.1304	1.0679	1.0972
December	1.1277	1.0561	1.0818