YEARLY HIGH
2.3767 MVR
YEARLY LOW
2.1192 MVR
YEARLY AVERAGE
2.2845 MVR

2017 CNY to MVR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the CNY to MVR exchange rate experienced significant fluctuation. The market reached its absolute peak on September 8, valuing the pair at 2.3767. Conversely, the yearly low was recorded on August 18, dropping to 2.1192.

This high-to-low spread represents a total annual volatility of 0.2574 MVR. From a start-to-finish perspective, comparing the January average rate of 2.2281 to the December average rate of 2.3369, the exchange rate registered a net change of 4.88% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 2.3767 was up 0.19% compared to the 2016 peak of 2.3721, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 25,000 CNY based on timing:

Yearly Peak High 59,416 MVR
2016 Average 57,476 MVR
Yearly Trough Low 52,981 MVR
Transaction Impact: A difference of 6,435.73 MVR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

2.3588
2.2163
JanuMarcMayJulySeptNove

CNY 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 2.2501, compared to 2.3189 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0689 points.

H1 Avg (Jan–Jun) 2.2501
H2 Avg (Jul–Dec) 2.3189

Volatility Range Comparison

Volatility

The most volatile month in 2017 was August, with a trading range of 0.2275 MVR (High: 2.3467 / Low: 2.1192). On the other end, March was the most stable month, with a tight range of 0.0286 MVR (High: 2.2619 / Low: 2.2333).

August Spread (Volatile) ±0.2275
March Spread (Stable) ±0.0286

Growth Streaks & Declines

Trends

Between April and September, 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 September and October, when the average rate fell by 0.0228 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0228

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2017: 2.3469) against the same month in 2016 (average: 2.2869), the exchange rate shifted by +0.0600 (+2.63%).

2017 Avg (September) 2.3469
2016 Avg (September) 2.2869

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.2540 2.1913 2.2281
February 2.2664 2.2363 2.2490
March 2.2619 2.2333 2.2484
April 2.2686 2.2294 2.2416
May 2.2903 2.2234 2.2477
June 2.3006 2.2672 2.2855
July 2.3006 2.2716 2.2869
August 2.3467 2.1192 2.2996
September 2.3767 2.3106 2.3469
October 2.3434 2.3123 2.3241
November 2.3400 2.3074 2.3193
December 2.3682 2.3208 2.3369