YEARLY HIGH
0.0140 MVR
YEARLY LOW
0.0122 MVR
YEARLY AVERAGE
0.0132 MVR

2016 KRW to MVR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the KRW to MVR exchange rate experienced significant fluctuation. The market reached its absolute peak on September 8, valuing the pair at 0.0140. Conversely, the yearly low was recorded on February 28, dropping to 0.0122.

This high-to-low spread represents a total annual volatility of 0.0017 MVR. From a start-to-finish perspective, comparing the January average rate of 0.0127 to the December average rate of 0.0129, the exchange rate registered a net change of 1.49% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.0140 was down 2.51% compared to the 2015 peak of 0.0143, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 69,852 MVR
2015 Average 67,619 MVR
Yearly Trough Low 61,236 MVR
Transaction Impact: A difference of 8,616.01 MVR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.0139
0.0124
JanuMarcMayJulySeptNove

KRW 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 0.0129, compared to 0.0134 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0005 points.

H1 Avg (Jan–Jun) 0.0129
H2 Avg (Jul–Dec) 0.0134

Volatility Range Comparison

Volatility

The most volatile month in 2016 was March, with a trading range of 0.0009 MVR (High: 0.0133 / Low: 0.0124). On the other end, August was the most stable month, with a tight range of 0.0003 MVR (High: 0.0139 / Low: 0.0135).

March Spread (Volatile) ±0.0009
August Spread (Stable) ±0.0003

Growth Streaks & Declines

Trends

Between May and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0004 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0004

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2016: 0.0138) against the same month in 2015 (average: 0.0129), the exchange rate shifted by +0.0009 (+6.61%).

2016 Avg (September) 0.0138
2015 Avg (September) 0.0129

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0131 0.0126 0.0127
February 0.0128 0.0122 0.0126
March 0.0133 0.0124 0.0129
April 0.0135 0.0131 0.0133
May 0.0134 0.0128 0.0130
June 0.0133 0.0128 0.0131
July 0.0137 0.0130 0.0133
August 0.0139 0.0135 0.0137
September 0.0140 0.0136 0.0138
October 0.0139 0.0133 0.0136
November 0.0134 0.0129 0.0131
December 0.0132 0.0126 0.0129