YEARLY HIGH
0.7236 MVR
YEARLY LOW
0.6782 MVR
YEARLY AVERAGE
0.6993 MVR

2016 ETB to MVR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the ETB to MVR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 0.7236. Conversely, the yearly low was recorded on December 28, dropping to 0.6782.

This high-to-low spread represents a total annual volatility of 0.0453 MVR. From a start-to-finish perspective, comparing the January average rate of 0.7205 to the December average rate of 0.6840, the exchange rate registered a net change of -5.06% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.7236 was down 4.37% compared to the 2015 peak of 0.7566, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,618 MVR
2015 Average 3,696 MVR
Yearly Trough Low 3,391 MVR
Transaction Impact: A difference of 226.73 MVR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.7242
0.6804
JanuMarcMayJulySeptNove

ETB 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 0.7109, compared to 0.6878 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0231 points.

H1 Avg (Jan–Jun) 0.7109
H2 Avg (Jul–Dec) 0.6878

Volatility Range Comparison

Volatility

The most volatile month in 2016 was June, with a trading range of 0.0177 MVR (High: 0.7043 / Low: 0.6866). On the other end, September was the most stable month, with a tight range of 0.0050 MVR (High: 0.6935 / Low: 0.6885).

June Spread (Volatile) ±0.0177
September Spread (Stable) ±0.0050

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2016. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.0089 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0089

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2016: 0.7205) against the same month in 2015 (average: 0.7541), the exchange rate shifted by -0.0336 (-4.45%).

2016 Avg (January) 0.7205
2015 Avg (January) 0.7541

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.7236 0.7139 0.7205
February 0.7232 0.7100 0.7176
March 0.7170 0.7069 0.7137
April 0.7126 0.6998 0.7076
May 0.7119 0.6978 0.7051
June 0.7043 0.6866 0.7006
July 0.6963 0.6884 0.6917
August 0.6909 0.6837 0.6882
September 0.6935 0.6885 0.6904
October 0.6902 0.6847 0.6877
November 0.6882 0.6798 0.6846
December 0.6919 0.6782 0.6840