YEARLY HIGH
2.2619 MVR
YEARLY LOW
2.0463 MVR
YEARLY AVERAGE
2.2247 MVR

2017 BOB to MVR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the BOB to MVR exchange rate experienced significant fluctuation. The market reached its absolute peak on March 5, valuing the pair at 2.2619. Conversely, the yearly low was recorded on August 19, dropping to 2.0463.

This high-to-low spread represents a total annual volatility of 0.2156 MVR. From a start-to-finish perspective, comparing the January average rate of 2.2213 to the December average rate of 2.2283, the exchange rate registered a net change of 0.32% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 2.2619 was up 0.67% compared to the 2016 peak of 2.2468, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 11,309 MVR
2016 Average 11,065 MVR
Yearly Trough Low 10,232 MVR
Transaction Impact: A difference of 1,077.79 MVR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

2.2463
2.1994
JanuMarcMayJulySeptNove

BOB 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 2.2317, compared to 2.2178 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0139 points.

H1 Avg (Jan–Jun) 2.2317
H2 Avg (Jul–Dec) 2.2178

Volatility Range Comparison

Volatility

The most volatile month in 2017 was August, with a trading range of 0.1896 MVR (High: 2.2359 / Low: 2.0463). On the other end, December was the most stable month, with a tight range of 0.0281 MVR (High: 2.2466 / Low: 2.2185).

August Spread (Volatile) ±0.1896
December Spread (Stable) ±0.0281

Growth Streaks & Declines

Trends

Between January and March, 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 0.0239 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0239

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2017: 2.2385) against the same month in 2016 (average: 2.2322), the exchange rate shifted by +0.0063 (+0.28%).

2017 Avg (March) 2.2385
2016 Avg (March) 2.2322

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.2364 2.2024 2.2213
February 2.2511 2.2172 2.2338
March 2.2619 2.2232 2.2385
April 2.2423 2.2086 2.2259
May 2.2522 2.2052 2.2281
June 2.2589 2.2264 2.2424
July 2.2452 2.2115 2.2271
August 2.2359 2.0463 2.2033
September 2.2240 2.1881 2.2078
October 2.2371 2.1991 2.2277
November 2.2300 2.1898 2.2122
December 2.2466 2.2185 2.2283