2017 MVR to BIF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2017.
2017 MVR to BIF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2017
During 2017, the MVR to BIF exchange rate experienced significant fluctuation. The market reached its absolute peak on August 18, valuing the pair at 122.8501. Conversely, the yearly low was recorded on March 5, dropping to 107.9877.
This high-to-low spread represents a total annual volatility of 14.8623 BIF. From a start-to-finish perspective, comparing the January average rate of 109.3081 to the December average rate of 114.1669, the exchange rate registered a net change of 4.45% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2017 high of 122.8501 was up 11.10% compared to the 2016 peak of 110.5730, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 MVR based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2017.
MVR to BIF Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 109.8490, compared to 113.3980 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 3.5491 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2017 was August, with a trading range of 11.1237 BIF (High: 122.8501 / Low: 111.7264). On the other end, November was the most stable month, with a tight range of 1.2040 BIF (High: 115.0351 / Low: 113.8311).
Growth Streaks & Declines
TrendsBetween March and August, 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 November and December, when the average rate fell by 0.1439 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (August 2017: 113.3991) against the same month in 2016 (average: 109.4527), the exchange rate shifted by +3.9463 (+3.61%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 110.4972 | 108.2456 | 109.3081 |
| February | 110.1361 | 108.4755 | 109.5308 |
| March | 111.2664 | 107.9877 | 109.4432 |
| April | 110.6591 | 109.0708 | 109.9299 |
| May | 111.4424 | 108.6906 | 110.0779 |
| June | 111.4861 | 109.8958 | 110.8040 |
| July | 112.3964 | 109.0246 | 111.4230 |
| August | 122.8501 | 111.7264 | 113.3991 |
| September | 114.0203 | 112.5902 | 113.2557 |
| October | 114.9374 | 113.2975 | 113.8328 |
| November | 115.0351 | 113.8311 | 114.3108 |
| December | 114.9991 | 113.7169 | 114.1669 |