2016 MVR to IDR Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2016.
2016 MVR to IDR Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2016
During 2016, the MVR to IDR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 17, valuing the pair at 912.6144. Conversely, the yearly low was recorded on September 28, dropping to 849.2636.
This high-to-low spread represents a total annual volatility of 63.3509 IDR. From a start-to-finish perspective, comparing the January average rate of 906.0747 to the December average rate of 875.6102, the exchange rate registered a net change of -3.36% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2016 high of 912.6144 was down 4.91% compared to the 2015 peak of 959.7785, 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 IDR 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 878.0097, compared to 865.0603 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 12.9494 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2016 was May, with a trading range of 36.6274 IDR (High: 894.5124 / Low: 857.8850). On the other end, October was the most stable month, with a tight range of 6.8884 IDR (High: 857.1025 / Low: 850.2141).
Growth Streaks & Declines
TrendsBetween March and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 22.3821 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2016: 906.0747) against the same month in 2015 (average: 823.3313), the exchange rate shifted by +82.7434 (+10.05%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 912.6144 | 898.8397 | 906.0747 |
| February | 895.7416 | 875.5878 | 883.6926 |
| March | 873.7089 | 853.4751 | 862.5981 |
| April | 873.3046 | 854.5897 | 863.4126 |
| May | 894.5124 | 857.8850 | 878.1167 |
| June | 894.4645 | 861.9126 | 874.1634 |
| July | 869.6531 | 858.9862 | 863.7324 |
| August | 873.6544 | 860.3099 | 866.4280 |
| September | 871.6986 | 849.2636 | 859.9160 |
| October | 857.1025 | 850.2141 | 853.1000 |
| November | 889.9902 | 853.7023 | 871.5751 |
| December | 890.4813 | 868.8385 | 875.6102 |