YEARLY HIGH
22.8802 MVR
YEARLY LOW
18.5150 MVR
YEARLY AVERAGE
20.6934 MVR

2016 FKP to MVR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the FKP to MVR exchange rate experienced significant fluctuation. The market reached its absolute peak on June 23, valuing the pair at 22.8802. Conversely, the yearly low was recorded on October 27, dropping to 18.5150.

This high-to-low spread represents a total annual volatility of 4.3653 MVR. From a start-to-finish perspective, comparing the January average rate of 22.0505 to the December average rate of 19.1119, the exchange rate registered a net change of -13.33% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 22.8802 was down 5.82% compared to the 2015 peak of 24.2941, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 114,401 MVR
2015 Average 116,848 MVR
Yearly Trough Low 92,575 MVR
Transaction Impact: A difference of 21,826.36 MVR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

22.5173
18.5202
JanuMarcMayJulySeptNove

FKP 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 21.9031, compared to 19.4837 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 2.4194 points.

H1 Avg (Jan–Jun) 21.9031
H2 Avg (Jul–Dec) 19.4837

Volatility Range Comparison

Volatility

The most volatile month in 2016 was June, with a trading range of 2.8903 MVR (High: 22.8802 / Low: 19.9899). On the other end, May was the most stable month, with a tight range of 0.5572 MVR (High: 22.4449 / Low: 21.8877).

June Spread (Volatile) ±2.8903
May Spread (Stable) ±0.5572

Growth Streaks & Declines

Trends

Between March and May, 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 June and July, when the average rate fell by 1.7297 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -1.7297

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2016: 21.7023) against the same month in 2015 (average: 23.8312), the exchange rate shifted by -2.1289 (-8.93%).

2016 Avg (June) 21.7023
2015 Avg (June) 23.8312

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 22.6473 21.7056 22.0505
February 22.3764 21.0832 21.8912
March 22.1255 21.3568 21.7712
April 22.3398 21.4678 21.8193
May 22.4449 21.8877 22.1842
June 22.8802 19.9899 21.7023
July 20.2163 19.5343 19.9726
August 20.2838 19.5591 19.8777
September 20.5020 19.7859 20.0627
October 19.8081 18.5150 18.8533
November 19.2374 18.6269 19.0239
December 19.4238 18.6631 19.1119