YEARLY HIGH
17.6446 MVR
YEARLY LOW
15.9055 MVR
YEARLY AVERAGE
16.8980 MVR

2016 EUR to MVR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the EUR to MVR exchange rate experienced significant fluctuation. The market reached its absolute peak on May 3, valuing the pair at 17.6446. Conversely, the yearly low was recorded on December 28, dropping to 15.9055.

This high-to-low spread represents a total annual volatility of 1.7390 MVR. From a start-to-finish perspective, comparing the January average rate of 16.6330 to the December average rate of 16.1377, the exchange rate registered a net change of -2.98% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 17.6446 was down 4.43% compared to the 2015 peak of 18.4616, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 88,223 MVR
2015 Average 84,856 MVR
Yearly Trough Low 79,528 MVR
Transaction Impact: A difference of 8,695.13 MVR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

17.4149
16.0216
JanuMarcMayJulySeptNove

EUR 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 17.0634, compared to 16.7325 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.3310 points.

H1 Avg (Jan–Jun) 17.0634
H2 Avg (Jul–Dec) 16.7325

Volatility Range Comparison

Volatility

The most volatile month in 2016 was November, with a trading range of 0.8712 MVR (High: 17.0150 / Low: 16.1437). On the other end, September was the most stable month, with a tight range of 0.2381 MVR (High: 17.2133 / Low: 16.9752).

November Spread (Volatile) ±0.8712
September Spread (Stable) ±0.2381

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 0.3735 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.3735

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2016: 17.2700) against the same month in 2015 (average: 17.0387), the exchange rate shifted by +0.2313 (+1.36%).

2016 Avg (May) 17.2700
2015 Avg (May) 17.0387

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 16.7546 16.4624 16.6330
February 17.3413 16.5484 16.9907
March 17.3964 16.6268 17.0066
April 17.5059 17.0937 17.2988
May 17.6446 16.9395 17.2700
June 17.4389 16.6833 17.1816
July 17.0157 16.6328 16.8081
August 17.2510 16.7406 17.0127
September 17.2133 16.9752 17.1074
October 17.1556 16.5877 16.8452
November 17.0150 16.1437 16.4837
December 16.4412 15.9055 16.1377