2017 MVR to CDF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2017.
2017 MVR to CDF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2017
During 2017, the MVR to CDF exchange rate experienced significant fluctuation. The market reached its absolute peak on August 18, valuing the pair at 113.1614. Conversely, the yearly low was recorded on January 9, dropping to 75.3849.
This high-to-low spread represents a total annual volatility of 37.7765 CDF. From a start-to-finish perspective, comparing the January average rate of 78.9844 to the December average rate of 102.4291, the exchange rate registered a net change of 29.68% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2017 high of 113.1614 was up 45.79% compared to the 2016 peak of 77.6206, 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 CDF 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 86.8562, compared to 102.0007 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 15.1445 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2017 was August, with a trading range of 13.5625 CDF (High: 113.1614 / Low: 99.5989). On the other end, October was the most stable month, with a tight range of 0.8447 CDF (High: 102.2654 / Low: 101.4208).
Growth Streaks & Declines
TrendsBetween January and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 2.6862 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (August 2017: 103.8897) against the same month in 2016 (average: 64.3201), the exchange rate shifted by +39.5696 (+61.52%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 82.1270 | 75.3849 | 78.9844 |
| February | 84.2562 | 80.5345 | 82.3357 |
| March | 87.4254 | 83.9735 | 85.8104 |
| April | 91.1990 | 87.1979 | 89.1910 |
| May | 91.8881 | 90.8575 | 91.3968 |
| June | 96.4668 | 91.5337 | 93.4187 |
| July | 105.1826 | 95.8688 | 100.4316 |
| August | 113.1614 | 99.5989 | 103.8897 |
| September | 101.6232 | 100.6161 | 101.2035 |
| October | 102.2654 | 101.4208 | 101.7455 |
| November | 103.0897 | 101.4208 | 102.3049 |
| December | 103.6355 | 101.4208 | 102.4291 |