YEARLY HIGH
2.1429 MVR
YEARLY LOW
1.9465 MVR
YEARLY AVERAGE
2.0995 MVR

2017 GTQ to MVR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the GTQ to MVR exchange rate experienced significant fluctuation. The market reached its absolute peak on July 20, valuing the pair at 2.1429. Conversely, the yearly low was recorded on August 19, dropping to 1.9465.

This high-to-low spread represents a total annual volatility of 0.1963 MVR. From a start-to-finish perspective, comparing the January average rate of 2.0445 to the December average rate of 2.0953, the exchange rate registered a net change of 2.48% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 2.1429 was up 3.88% compared to the 2016 peak of 2.0628, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 10,714 MVR
2016 Average 10,039 MVR
Yearly Trough Low 9,733 MVR
Transaction Impact: A difference of 981.70 MVR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

2.1280
2.0370
JanuMarcMayJulySeptNove

GTQ 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 2.0949, compared to 2.1041 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0091 points.

H1 Avg (Jan–Jun) 2.0949
H2 Avg (Jul–Dec) 2.1041

Volatility Range Comparison

Volatility

The most volatile month in 2017 was August, with a trading range of 0.1957 MVR (High: 2.1422 / Low: 1.9465). On the other end, October was the most stable month, with a tight range of 0.0147 MVR (High: 2.1031 / Low: 2.0883).

August Spread (Volatile) ±0.1957
October Spread (Stable) ±0.0147

Growth Streaks & Declines

Trends

Between January and March, 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 September and October, when the average rate fell by 0.0141 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0141

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2017: 2.1204) against the same month in 2016 (average: 1.9955), the exchange rate shifted by +0.1249 (+6.26%).

2017 Avg (July) 2.1204
2016 Avg (July) 1.9955

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.0701 2.0200 2.0445
February 2.1120 2.0580 2.0851
March 2.1257 2.0975 2.1072
April 2.1171 2.0903 2.1021
May 2.1314 2.0894 2.1101
June 2.1335 2.1071 2.1205
July 2.1429 2.1056 2.1204
August 2.1422 1.9465 2.1102
September 2.1176 2.1013 2.1098
October 2.1031 2.0883 2.0957
November 2.1006 2.0758 2.0929
December 2.1030 2.0864 2.0953