YEARLY HIGH
0.2432 MVR
YEARLY LOW
0.2206 MVR
YEARLY AVERAGE
0.2371 MVR

2017 INR to MVR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the INR to MVR exchange rate experienced significant fluctuation. The market reached its absolute peak on June 14, valuing the pair at 0.2432. Conversely, the yearly low was recorded on August 19, dropping to 0.2206.

This high-to-low spread represents a total annual volatility of 0.0226 MVR. From a start-to-finish perspective, comparing the January average rate of 0.2258 to the December average rate of 0.2399, the exchange rate registered a net change of 6.26% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.2432 was up 4.92% compared to the 2016 peak of 0.2318, 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 60,810 MVR
2016 Average 56,815 MVR
Yearly Trough Low 55,160 MVR
Transaction Impact: A difference of 5,650.13 MVR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.2430
0.2242
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 0.2355, compared to 0.2388 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0033 points.

H1 Avg (Jan–Jun) 0.2355
H2 Avg (Jul–Dec) 0.2388

Volatility Range Comparison

Volatility

The most volatile month in 2017 was August, with a trading range of 0.0221 MVR (High: 0.2427 / Low: 0.2206). On the other end, July was the most stable month, with a tight range of 0.0023 MVR (High: 0.2415 / Low: 0.2392).

August Spread (Volatile) ±0.0221
July Spread (Stable) ±0.0023

Growth Streaks & Declines

Trends

Between January and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0025 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0025

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2017: 0.2414) against the same month in 2016 (average: 0.2272), the exchange rate shifted by +0.0143 (+6.29%).

2017 Avg (June) 0.2414
2016 Avg (June) 0.2272

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2283 0.2234 0.2258
February 0.2333 0.2284 0.2309
March 0.2392 0.2326 0.2353
April 0.2415 0.2380 0.2392
May 0.2418 0.2375 0.2402
June 0.2432 0.2392 0.2414
July 0.2415 0.2392 0.2403
August 0.2427 0.2206 0.2397
September 0.2421 0.2350 0.2393
October 0.2383 0.2350 0.2368
November 0.2387 0.2351 0.2368
December 0.2412 0.2385 0.2399