2016 MVR to DZD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2016.
2016 MVR to DZD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2016
During 2016, the MVR to DZD exchange rate experienced significant fluctuation. The market reached its absolute peak on June 30, valuing the pair at 7.3443. Conversely, the yearly low was recorded on February 11, dropping to 6.8833.
This high-to-low spread represents a total annual volatility of 0.4611 DZD. From a start-to-finish perspective, comparing the January average rate of 7.0152 to the December average rate of 7.2331, the exchange rate registered a net change of 3.11% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2016 high of 7.3443 was up 3.78% compared to the 2015 peak of 7.0768, 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 2016.
MVR to DZD 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 7.1114, compared to 7.2189 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1075 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2016 was February, with a trading range of 0.2591 DZD (High: 7.1423 / Low: 6.8833). On the other end, October was the most stable month, with a tight range of 0.0633 DZD (High: 7.2385 / Low: 7.1751).
Growth Streaks & Declines
TrendsBetween April and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.0707 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (June 2016: 7.2069) against the same month in 2015 (average: 6.4434), the exchange rate shifted by +0.7635 (+11.85%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 7.0519 | 6.9812 | 7.0152 |
| February | 7.1423 | 6.8833 | 6.9674 |
| March | 7.2486 | 7.1009 | 7.1759 |
| April | 7.1768 | 7.0626 | 7.1259 |
| May | 7.2465 | 7.0904 | 7.1774 |
| June | 7.3443 | 7.1639 | 7.2069 |
| July | 7.3193 | 7.2206 | 7.2735 |
| August | 7.2855 | 7.1330 | 7.2028 |
| September | 7.1946 | 7.1206 | 7.1565 |
| October | 7.2385 | 7.1751 | 7.2101 |
| November | 7.3174 | 7.1740 | 7.2374 |
| December | 7.2967 | 7.1688 | 7.2331 |