YEARLY HIGH
0.6767 MVR
YEARLY LOW
0.6054 MVR
YEARLY AVERAGE
0.6576 MVR

2017 HNL to MVR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the HNL to MVR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 17, valuing the pair at 0.6767. Conversely, the yearly low was recorded on August 19, dropping to 0.6054.

This high-to-low spread represents a total annual volatility of 0.0713 MVR. From a start-to-finish perspective, comparing the January average rate of 0.6583 to the December average rate of 0.6517, the exchange rate registered a net change of -1.00% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.6767 was down 1.71% compared to the 2016 peak of 0.6885, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,383 MVR
2016 Average 3,353 MVR
Yearly Trough Low 3,027 MVR
Transaction Impact: A difference of 356.43 MVR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.6657
0.6491
JanuMarcMayJulySeptNove

HNL 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 0.6595, compared to 0.6557 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0038 points.

H1 Avg (Jan–Jun) 0.6595
H2 Avg (Jul–Dec) 0.6557

Volatility Range Comparison

Volatility

The most volatile month in 2017 was August, with a trading range of 0.0610 MVR (High: 0.6664 / Low: 0.6054). On the other end, December was the most stable month, with a tight range of 0.0051 MVR (High: 0.6541 / Low: 0.6490).

August Spread (Volatile) ±0.0610
December Spread (Stable) ±0.0051

Growth Streaks & Declines

Trends

Between April and June, 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 October and November, when the average rate fell by 0.0051 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0051

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2017: 0.6583) against the same month in 2016 (average: 0.6824), the exchange rate shifted by -0.0241 (-3.53%).

2017 Avg (January) 0.6583
2016 Avg (January) 0.6824

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.6767 0.6506 0.6583
February 0.6616 0.6501 0.6565
March 0.6677 0.6546 0.6598
April 0.6630 0.6542 0.6586
May 0.6677 0.6540 0.6597
June 0.6683 0.6594 0.6643
July 0.6672 0.6578 0.6616
August 0.6664 0.6054 0.6571
September 0.6605 0.6525 0.6578
October 0.6598 0.6509 0.6556
November 0.6547 0.6447 0.6505
December 0.6541 0.6490 0.6517