YEARLY HIGH
0.1432 FJD
YEARLY LOW
0.1333 FJD
YEARLY AVERAGE
0.1366 FJD

2016 MVR to FJD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the MVR to FJD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 18, valuing the pair at 0.1432. Conversely, the yearly low was recorded on November 5, dropping to 0.1333.

This high-to-low spread represents a total annual volatility of 0.0099 FJD. From a start-to-finish perspective, comparing the January average rate of 0.1407 to the December average rate of 0.1373, the exchange rate registered a net change of -2.41% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.1432 was down 0.20% compared to the 2015 peak of 0.1435, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 716 FJD
2015 Average 683 FJD
Yearly Trough Low 667 FJD
Transaction Impact: A difference of 49.35 FJD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.1413
0.1337
JanuMarcMayJulySeptNove

MVR to FJD 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 0.1378, compared to 0.1355 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0023 points.

H1 Avg (Jan–Jun) 0.1378
H2 Avg (Jul–Dec) 0.1355

Volatility Range Comparison

Volatility

The most volatile month in 2016 was May, with a trading range of 0.0051 FJD (High: 0.1394 / Low: 0.1343). On the other end, September was the most stable month, with a tight range of 0.0015 FJD (High: 0.1350 / Low: 0.1335).

May Spread (Volatile) ±0.0051
September Spread (Stable) ±0.0015

Growth Streaks & Declines

Trends

Between September and December, 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 February and March, when the average rate fell by 0.0023 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0023

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2016: 0.1407) against the same month in 2015 (average: 0.1313), the exchange rate shifted by +0.0094 (+7.15%).

2016 Avg (January) 0.1407
2015 Avg (January) 0.1313

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1432 0.1388 0.1407
February 0.1410 0.1386 0.1395
March 0.1395 0.1352 0.1372
April 0.1376 0.1336 0.1356
May 0.1394 0.1343 0.1374
June 0.1386 0.1345 0.1362
July 0.1372 0.1345 0.1358
August 0.1368 0.1340 0.1350
September 0.1350 0.1335 0.1343
October 0.1360 0.1335 0.1348
November 0.1377 0.1333 0.1357
December 0.1398 0.1358 0.1373