YEARLY HIGH
0.1426 FJD
YEARLY LOW
0.1291 FJD
YEARLY AVERAGE
0.1334 FJD

2017 MVR to FJD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the MVR to FJD exchange rate experienced significant fluctuation. The market reached its absolute peak on August 18, valuing the pair at 0.1426. Conversely, the yearly low was recorded on August 3, dropping to 0.1291.

This high-to-low spread represents a total annual volatility of 0.0135 FJD. From a start-to-finish perspective, comparing the January average rate of 0.1355 to the December average rate of 0.1341, the exchange rate registered a net change of -1.07% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.1426 was down 0.39% compared to the 2016 peak of 0.1432, 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 713 FJD
2016 Average 683 FJD
Yearly Trough Low 646 FJD
Transaction Impact: A difference of 67.52 FJD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.1360
0.1304
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 0.1343, compared to 0.1326 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0016 points.

H1 Avg (Jan–Jun) 0.1343
H2 Avg (Jul–Dec) 0.1326

Volatility Range Comparison

Volatility

The most volatile month in 2017 was August, with a trading range of 0.0135 FJD (High: 0.1426 / Low: 0.1291). On the other end, March was the most stable month, with a tight range of 0.0022 FJD (High: 0.1353 / Low: 0.1330).

August Spread (Volatile) ±0.0135
March Spread (Stable) ±0.0022

Growth Streaks & Declines

Trends

Between February and May, 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 May and June, when the average rate fell by 0.0029 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0029

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2017: 0.1316) against the same month in 2016 (average: 0.1350), the exchange rate shifted by -0.0034 (-2.53%).

2017 Avg (August) 0.1316
2016 Avg (August) 0.1350

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1397 0.1333 0.1355
February 0.1344 0.1316 0.1331
March 0.1353 0.1330 0.1340
April 0.1363 0.1338 0.1350
May 0.1376 0.1331 0.1354
June 0.1343 0.1317 0.1325
July 0.1330 0.1292 0.1312
August 0.1426 0.1291 0.1316
September 0.1324 0.1300 0.1309
October 0.1349 0.1317 0.1329
November 0.1363 0.1336 0.1350
December 0.1358 0.1323 0.1341