2019 ZAR to MVR Historical Review

YEARLY HIGH

1.1685 MVR

YEARLY LOW

0.9990 MVR

YEARLY AVERAGE

1.0702 MVR

2019 ZAR to MVR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the ZAR to MVR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 31, valuing the pair at 1.1685. Conversely, the yearly low was recorded on August 28, dropping to 0.9990.

This high-to-low spread represents a total annual volatility of 0.1695 MVR. From a start-to-finish perspective, comparing the January average rate of 1.1197 to the December average rate of 1.0733, the exchange rate registered a net change of -4.14% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 1.1685 was down 12.74% compared to the 2018 peak of 1.3391, 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 58,424 MVR

2018 Average 58,667 MVR

Yearly Trough Low 49,951 MVR

Transaction Impact: A difference of 8,472.98 MVR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

1.1302

1.0088

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 1.0894, compared to 1.0509 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0386 points.

H1 Avg (Jan–Jun) 1.0894

H2 Avg (Jul–Dec) 1.0509

Volatility Range Comparison

Volatility

The most volatile month in 2019 was January, with a trading range of 0.1095 MVR (High: 1.1685 / Low: 1.0590). On the other end, November was the most stable month, with a tight range of 0.0242 MVR (High: 1.0522 / Low: 1.0280).

January Spread (Volatile) ±0.1095

November Spread (Stable) ±0.0242

Growth Streaks & Declines

Trends

Between October and December, 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 July and August, when the average rate fell by 0.0793 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0793

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2019: 1.1197) against the same month in 2018 (average: 1.2639), the exchange rate shifted by -0.1442 (-11.41%).

2019 Avg (January) 1.1197

2018 Avg (January) 1.2639

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.1685	1.0590	1.1197
February	1.1634	1.0934	1.1201
March	1.0910	1.0539	1.0742
April	1.1091	1.0689	1.0910
May	1.0872	1.0446	1.0699
June	1.0972	1.0254	1.0618
July	1.1140	1.0764	1.0983
August	1.0534	0.9990	1.0189
September	1.0564	1.0132	1.0365
October	1.0604	1.0040	1.0355
November	1.0522	1.0280	1.0427
December	1.1027	1.0454	1.0733