2016 MVR to GNF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2016.
2016 MVR to GNF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2016
During 2016, the MVR to GNF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 28, valuing the pair at 617.3116. Conversely, the yearly low was recorded on May 17, dropping to 476.6118.
This high-to-low spread represents a total annual volatility of 140.6998 GNF. From a start-to-finish perspective, comparing the January average rate of 505.3551 to the December average rate of 605.7268, the exchange rate registered a net change of 19.86% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2016 high of 617.3116 was up 18.78% compared to the 2015 peak of 519.6970, 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 GNF 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 499.4559, compared to 596.3964 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 96.9405 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2016 was June, with a trading range of 111.1806 GNF (High: 588.7950 / Low: 477.6144). On the other end, February was the most stable month, with a tight range of 6.6294 GNF (High: 507.2436 / Low: 500.6142).
Growth Streaks & Declines
TrendsBetween May and August, 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 April and May, when the average rate fell by 13.2931 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2016: 605.7268) against the same month in 2015 (average: 504.0569), the exchange rate shifted by +101.6699 (+20.17%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 511.1978 | 501.6168 | 505.3551 |
| February | 507.2436 | 500.6142 | 503.3229 |
| March | 502.6952 | 495.2004 | 498.9517 |
| April | 504.7294 | 491.0202 | 497.1391 |
| May | 496.1097 | 476.6118 | 483.8460 |
| June | 588.7950 | 477.6144 | 508.1205 |
| July | 594.0560 | 578.8287 | 589.3988 |
| August | 601.9943 | 586.7093 | 595.6458 |
| September | 599.1194 | 591.7988 | 595.3915 |
| October | 599.3604 | 590.3689 | 595.1076 |
| November | 603.7813 | 586.7150 | 597.1079 |
| December | 617.3116 | 597.5811 | 605.7268 |