YEARLY HIGH
0.2318 MVR
YEARLY LOW
0.2212 MVR
YEARLY AVERAGE
0.2272 MVR

2016 INR to MVR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the INR to MVR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 0.2318. Conversely, the yearly low was recorded on February 28, dropping to 0.2212.

This high-to-low spread represents a total annual volatility of 0.0106 MVR. From a start-to-finish perspective, comparing the January average rate of 0.2275 to the December average rate of 0.2259, the exchange rate registered a net change of -0.72% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.2318 was down 6.92% compared to the 2015 peak of 0.2491, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 250,000 INR based on timing:

Yearly Peak High 57,961 MVR
2015 Average 59,637 MVR
Yearly Trough Low 55,311 MVR
Transaction Impact: A difference of 2,650.24 MVR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.2301
0.2236
JanuMarcMayJulySeptNove

INR 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 0.2275, compared to 0.2270 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0005 points.

H1 Avg (Jan–Jun) 0.2275
H2 Avg (Jul–Dec) 0.2270

Volatility Range Comparison

Volatility

The most volatile month in 2016 was November, with a trading range of 0.0089 MVR (High: 0.2306 / Low: 0.2217). On the other end, August was the most stable month, with a tight range of 0.0021 MVR (High: 0.2279 / Low: 0.2258).

November Spread (Volatile) ±0.0089
August Spread (Stable) ±0.0021

Growth Streaks & Declines

Trends

Between July and October, 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 January and February, when the average rate fell by 0.0034 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0034

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2016: 0.2275) against the same month in 2015 (average: 0.2456), the exchange rate shifted by -0.0181 (-7.35%).

2016 Avg (January) 0.2275
2015 Avg (January) 0.2456

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2318 0.2250 0.2275
February 0.2265 0.2212 0.2241
March 0.2307 0.2255 0.2281
April 0.2315 0.2277 0.2295
May 0.2306 0.2256 0.2284
June 0.2292 0.2225 0.2272
July 0.2282 0.2244 0.2261
August 0.2279 0.2258 0.2269
September 0.2302 0.2275 0.2286
October 0.2298 0.2276 0.2288
November 0.2306 0.2217 0.2258
December 0.2273 0.2229 0.2259