YEARLY HIGH
11.4225 MVR
YEARLY LOW
10.5150 MVR
YEARLY AVERAGE
11.0624 MVR

2016 BND to MVR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the BND to MVR exchange rate experienced significant fluctuation. The market reached its absolute peak on June 23, valuing the pair at 11.4225. Conversely, the yearly low was recorded on December 28, dropping to 10.5150.

This high-to-low spread represents a total annual volatility of 0.9075 MVR. From a start-to-finish perspective, comparing the January average rate of 10.6943 to the December average rate of 10.6656, the exchange rate registered a net change of -0.27% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 11.4225 was down 1.45% compared to the 2015 peak of 11.5900, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 BND based on timing:

Yearly Peak High 57,112 MVR
2015 Average 55,650 MVR
Yearly Trough Low 52,575 MVR
Transaction Impact: A difference of 4,537.41 MVR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

11.3639
10.6021
JanuMarcMayJulySeptNove

BND 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 11.0769, compared to 11.0478 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0292 points.

H1 Avg (Jan–Jun) 11.0769
H2 Avg (Jul–Dec) 11.0478

Volatility Range Comparison

Volatility

The most volatile month in 2016 was November, with a trading range of 0.4673 MVR (High: 11.1288 / Low: 10.6615). On the other end, July was the most stable month, with a tight range of 0.1745 MVR (High: 11.3331 / Low: 11.1585).

November Spread (Volatile) ±0.4673
July Spread (Stable) ±0.1745

Growth Streaks & Declines

Trends

Between January and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.2092 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.2092

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2016: 11.2768) against the same month in 2015 (average: 11.3655), the exchange rate shifted by -0.0887 (-0.78%).

2016 Avg (June) 11.2768
2015 Avg (June) 11.3655

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 10.8261 10.5847 10.6943
February 11.0134 10.7385 10.8936
March 11.3142 10.9067 11.1296
April 11.4045 11.1511 11.3004
May 11.3989 11.0316 11.1668
June 11.4225 11.0663 11.2768
July 11.3331 11.1585 11.2489
August 11.3486 11.1622 11.2695
September 11.3309 11.1490 11.2285
October 11.2290 10.9237 11.0417
November 11.1288 10.6615 10.8325
December 10.7890 10.5150 10.6656