YEARLY HIGH
12.2100 MVR
YEARLY LOW
10.4707 MVR
YEARLY AVERAGE
11.5281 MVR

2016 CAD to MVR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the CAD to MVR exchange rate experienced significant fluctuation. The market reached its absolute peak on May 2, valuing the pair at 12.2100. Conversely, the yearly low was recorded on January 18, dropping to 10.4707.

This high-to-low spread represents a total annual volatility of 1.7393 MVR. From a start-to-finish perspective, comparing the January average rate of 10.7921 to the December average rate of 11.4738, the exchange rate registered a net change of 6.32% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 12.2100 was down 7.24% compared to the 2015 peak of 13.1630, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 61,050 MVR
2015 Average 59,881 MVR
Yearly Trough Low 52,354 MVR
Transaction Impact: A difference of 8,696.25 MVR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

12.0006
10.6823
JanuMarcMayJulySeptNove

CAD 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 11.4985, compared to 11.5578 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0594 points.

H1 Avg (Jan–Jun) 11.4985
H2 Avg (Jul–Dec) 11.5578

Volatility Range Comparison

Volatility

The most volatile month in 2016 was April, with a trading range of 0.6544 MVR (High: 12.1832 / Low: 11.5288). On the other end, November was the most stable month, with a tight range of 0.2337 MVR (High: 11.4409 / Low: 11.2072).

April Spread (Volatile) ±0.6544
November Spread (Stable) ±0.2337

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 June and July, when the average rate fell by 0.1959 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.1959

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2016: 11.8152) against the same month in 2015 (average: 12.5373), the exchange rate shifted by -0.7220 (-5.76%).

2016 Avg (May) 11.8152
2015 Avg (May) 12.5373

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 11.0853 10.4707 10.7921
February 11.3101 10.9218 11.0944
March 11.7666 11.3598 11.5479
April 12.1832 11.5288 11.8907
May 12.2100 11.6188 11.8152
June 12.0057 11.5986 11.8503
July 11.8258 11.5080 11.6544
August 11.8776 11.4569 11.6829
September 11.8703 11.5494 11.6570
October 11.6941 11.3604 11.5226
November 11.4409 11.2072 11.3563
December 11.6374 11.2670 11.4738