YEARLY HIGH
4.5199 INR
YEARLY LOW
4.3132 INR
YEARLY AVERAGE
4.4008 INR

2016 MVR to INR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the MVR to INR exchange rate experienced significant fluctuation. The market reached its absolute peak on February 28, valuing the pair at 4.5199. Conversely, the yearly low was recorded on January 3, dropping to 4.3132.

This high-to-low spread represents a total annual volatility of 0.2067 INR. From a start-to-finish perspective, comparing the January average rate of 4.3953 to the December average rate of 4.4269, the exchange rate registered a net change of 0.72% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 4.5199 was up 2.71% compared to the 2015 peak of 4.4008, 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 22,600 INR
2015 Average 20,972 INR
Yearly Trough Low 21,566 INR
Transaction Impact: A difference of 1,033.35 INR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

4.4727
4.3465
JanuMarcMayJulySeptNove

MVR to INR 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 4.3964, compared to 4.4052 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0088 points.

H1 Avg (Jan–Jun) 4.3964
H2 Avg (Jul–Dec) 4.4052

Volatility Range Comparison

Volatility

The most volatile month in 2016 was November, with a trading range of 0.1744 INR (High: 4.5115 / Low: 4.3371). On the other end, August was the most stable month, with a tight range of 0.0412 INR (High: 4.4288 / Low: 4.3875).

November Spread (Volatile) ±0.1744
August Spread (Stable) ±0.0412

Growth Streaks & Declines

Trends

Between 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 February and March, when the average rate fell by 0.0783 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0783

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2016: 4.4621) against the same month in 2015 (average: 4.0635), the exchange rate shifted by +0.3986 (+9.81%).

2016 Avg (February) 4.4621
2015 Avg (February) 4.0635

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 4.4453 4.3132 4.3953
February 4.5199 4.4155 4.4621
March 4.4346 4.3338 4.3839
April 4.3919 4.3193 4.3570
May 4.4331 4.3357 4.3778
June 4.4935 4.3631 4.4023
July 4.4554 4.3824 4.4221
August 4.4288 4.3875 4.4082
September 4.3950 4.3448 4.3744
October 4.3932 4.3519 4.3709
November 4.5115 4.3371 4.4286
December 4.4871 4.3999 4.4269