YEARLY HIGH
11.5460 MVR
YEARLY LOW
10.3692 MVR
YEARLY AVERAGE
11.1823 MVR

2017 BND to MVR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the BND to MVR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 11.5460. Conversely, the yearly low was recorded on August 19, dropping to 10.3692.

This high-to-low spread represents a total annual volatility of 1.1768 MVR. From a start-to-finish perspective, comparing the January average rate of 10.7533 to the December average rate of 11.4437, the exchange rate registered a net change of 6.42% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 11.5460 was up 1.08% compared to the 2016 peak of 11.4225, 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 57,730 MVR
2016 Average 55,311 MVR
Yearly Trough Low 51,846 MVR
Transaction Impact: A difference of 5,884.11 MVR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

11.5127
10.6842
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 11.0165, compared to 11.3481 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.3317 points.

H1 Avg (Jan–Jun) 11.0165
H2 Avg (Jul–Dec) 11.3481

Volatility Range Comparison

Volatility

The most volatile month in 2017 was August, with a trading range of 1.0975 MVR (High: 11.4667 / Low: 10.3692). On the other end, April was the most stable month, with a tight range of 0.1302 MVR (High: 11.1057 / Low: 10.9755).

August Spread (Volatile) ±1.0975
April Spread (Stable) ±0.1302

Growth Streaks & Declines

Trends

Between January and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.1009 points.

Longest Streak 6 Mo.
Sharpest MoM Drop -0.1009

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2017: 11.4437) against the same month in 2016 (average: 10.6656), the exchange rate shifted by +0.7781 (+7.30%).

2017 Avg (December) 11.4437
2016 Avg (December) 10.6656

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 10.9392 10.5075 10.7533
February 11.1282 10.8323 10.9339
March 11.1161 10.9485 11.0295
April 11.1057 10.9755 11.0357
May 11.2777 10.8866 11.0970
June 11.3237 11.1416 11.2496
July 11.4250 11.1815 11.2938
August 11.4667 10.3692 11.2735
September 11.4980 11.3295 11.4236
October 11.4093 11.2325 11.3226
November 11.4386 11.2649 11.3317
December 11.5460 11.3760 11.4437