2016 BMD to MVR Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2016.
2016 BMD to MVR Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2016
During 2016, the BMD to MVR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 18, valuing the pair at 15.4197. Conversely, the yearly low was recorded on June 30, dropping to 15.0300.
This high-to-low spread represents a total annual volatility of 0.3897 MVR. From a start-to-finish perspective, comparing the January average rate of 15.3072 to the December average rate of 15.3196, the exchange rate registered a net change of 0.08% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2016 high of 15.4197 was up 0.23% compared to the 2015 peak of 15.3850, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 BMD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2016.
BMD to MVR Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 15.2818, compared to 15.2493 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0325 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2016 was June, with a trading range of 0.3075 MVR (High: 15.3375 / Low: 15.0300). On the other end, September was the most stable month, with a tight range of 0.0700 MVR (High: 15.2883 / Low: 15.2183).
Growth Streaks & Declines
TrendsBetween July and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.0929 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2016: 15.3196) against the same month in 2015 (average: 15.3189), the exchange rate shifted by +0.0007 (+0.00%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 15.3433 | 15.2367 | 15.3072 |
| February | 15.3421 | 15.2033 | 15.2973 |
| March | 15.3433 | 15.1867 | 15.2627 |
| April | 15.3350 | 15.0600 | 15.2547 |
| May | 15.3433 | 15.2400 | 15.2909 |
| June | 15.3375 | 15.0300 | 15.2779 |
| July | 15.2400 | 15.1000 | 15.1850 |
| August | 15.2517 | 15.1000 | 15.1854 |
| September | 15.2883 | 15.2183 | 15.2605 |
| October | 15.3367 | 15.2200 | 15.2652 |
| November | 15.3933 | 15.1667 | 15.2802 |
| December | 15.4197 | 15.1867 | 15.3196 |