YEARLY HIGH
20.9762 MVR
YEARLY LOW
18.2021 MVR
YEARLY AVERAGE
19.8880 MVR

2017 FKP to MVR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the FKP to MVR exchange rate experienced significant fluctuation. The market reached its absolute peak on September 17, valuing the pair at 20.9762. Conversely, the yearly low was recorded on August 18, dropping to 18.2021.

This high-to-low spread represents a total annual volatility of 2.7741 MVR. From a start-to-finish perspective, comparing the January average rate of 18.9782 to the December average rate of 20.6504, the exchange rate registered a net change of 8.81% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 20.9762 was down 8.32% compared to the 2016 peak of 22.8802, 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 104,881 MVR
2016 Average 103,437 MVR
Yearly Trough Low 91,011 MVR
Transaction Impact: A difference of 13,870.49 MVR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

20.8176
18.8110
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 19.4700, compared to 20.3059 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.8359 points.

H1 Avg (Jan–Jun) 19.4700
H2 Avg (Jul–Dec) 20.3059

Volatility Range Comparison

Volatility

The most volatile month in 2017 was August, with a trading range of 2.2348 MVR (High: 20.4370 / Low: 18.2021). On the other end, December was the most stable month, with a tight range of 0.3076 MVR (High: 20.8135 / Low: 20.5060).

August Spread (Volatile) ±2.2348
December Spread (Stable) ±0.3076

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 July and August, when the average rate fell by 0.2676 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.2676

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2017: 20.5282) against the same month in 2016 (average: 20.0627), the exchange rate shifted by +0.4655 (+2.32%).

2017 Avg (September) 20.5282
2016 Avg (September) 20.0627

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 19.4445 18.5625 18.9782
February 19.5365 19.1359 19.2890
March 19.4436 18.8434 19.1280
April 19.9580 19.2029 19.5166
May 20.2738 19.8045 19.9918
June 20.2360 19.5792 19.9165
July 20.3914 19.9214 20.1412
August 20.4370 18.2021 19.8736
September 20.9762 19.9663 20.5282
October 20.6437 20.1330 20.3351
November 20.7142 20.1022 20.3070
December 20.8135 20.5060 20.6504