YEARLY HIGH
2008.7517 IRR
YEARLY LOW
1950.3563 IRR
YEARLY AVERAGE
1974.7937 IRR

2016 MVR to IRR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the MVR to IRR exchange rate experienced significant fluctuation. The market reached its absolute peak on July 1, valuing the pair at 2008.7517. Conversely, the yearly low was recorded on December 18, dropping to 1950.3563.

This high-to-low spread represents a total annual volatility of 58.3954 IRR. From a start-to-finish perspective, comparing the January average rate of 1959.9121 to the December average rate of 1963.3206, the exchange rate registered a net change of 0.17% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 2008.7517 was up 2.00% compared to the 2015 peak of 1969.3697, 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 10,043,758 IRR
2015 Average 9,469,011 IRR
Yearly Trough Low 9,751,781 IRR
Transaction Impact: A difference of 291,976.95 IRR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

1987.5773
1957.3971
JanuMarcMayJulySeptNove

MVR to IRR 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 1976.6290, compared to 1972.9583 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 3.6707 points.

H1 Avg (Jan–Jun) 1976.6290
H2 Avg (Jul–Dec) 1972.9583

Volatility Range Comparison

Volatility

The most volatile month in 2016 was April, with a trading range of 35.4714 IRR (High: 2007.1049 / Low: 1971.6335). On the other end, September was the most stable month, with a tight range of 8.3932 IRR (High: 1975.9720 / Low: 1967.5788).

April Spread (Volatile) ±35.4714
September Spread (Stable) ±8.3932

Growth Streaks & Declines

Trends

Between January and April, 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 August and September, when the average rate fell by 9.2915 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -9.2915

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2016: 1984.8921) against the same month in 2015 (average: 1927.9598), the exchange rate shifted by +56.9324 (+2.95%).

2016 Avg (July) 1984.8921
2015 Avg (July) 1927.9598

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1968.7048 1954.7578 1959.9121
February 1986.6696 1955.2765 1972.5184
March 1990.2783 1969.6829 1980.2243
April 2007.1049 1971.6335 1982.2006
May 1988.5827 1971.9640 1979.8565
June 2003.4930 1976.4303 1985.0623
July 2008.7517 1974.3110 1984.8921
August 1991.6887 1971.2271 1980.2300
September 1975.9720 1967.5788 1970.9384
October 1975.9522 1961.3132 1969.9352
November 1983.2972 1954.0932 1968.4337
December 1980.2892 1950.3563 1963.3206