YEARLY HIGH
51.3883 MVR
YEARLY LOW
49.7819 MVR
YEARLY AVERAGE
50.5118 MVR

2016 KWD to MVR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the KWD to MVR exchange rate experienced significant fluctuation. The market reached its absolute peak on February 14, valuing the pair at 51.3883. Conversely, the yearly low was recorded on December 4, dropping to 49.7819.

This high-to-low spread represents a total annual volatility of 1.6064 MVR. From a start-to-finish perspective, comparing the January average rate of 50.3461 to the December average rate of 50.1393, the exchange rate registered a net change of -0.41% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 51.3883 was down 1.69% compared to the 2015 peak of 52.2722, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 256,942 MVR
2015 Average 253,995 MVR
Yearly Trough Low 248,910 MVR
Transaction Impact: A difference of 8,032.04 MVR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

51.0962
50.0523
JanuMarcMayJulySeptNove

KWD 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 50.6623, compared to 50.3613 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.3010 points.

H1 Avg (Jan–Jun) 50.6623
H2 Avg (Jul–Dec) 50.3613

Volatility Range Comparison

Volatility

The most volatile month in 2016 was June, with a trading range of 1.0880 MVR (High: 50.9098 / Low: 49.8218). On the other end, September was the most stable month, with a tight range of 0.2966 MVR (High: 50.7586 / Low: 50.4620).

June Spread (Volatile) ±1.0880
September Spread (Stable) ±0.2966

Growth Streaks & Declines

Trends

Between July and September, 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 June and July, when the average rate fell by 0.3887 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.3887

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2016: 51.0092) against the same month in 2015 (average: 51.6593), the exchange rate shifted by -0.6501 (-1.26%).

2016 Avg (February) 51.0092
2015 Avg (February) 51.6593

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 50.5560 50.0831 50.3461
February 51.3883 50.4754 51.0092
March 50.9231 50.2841 50.6854
April 50.8963 49.9125 50.5620
May 51.0267 50.4230 50.7067
June 50.9098 49.8218 50.6643
July 50.5104 49.9907 50.2756
August 50.6548 49.9954 50.3588
September 50.7586 50.4620 50.6342
October 50.6867 50.2012 50.4713
November 50.6974 49.8571 50.2887
December 50.4304 49.7819 50.1393