YEARLY HIGH
2329.1579 IRR
YEARLY LOW
1960.4949 IRR
YEARLY AVERAGE
2141.4609 IRR

2017 MVR to IRR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the MVR to IRR exchange rate experienced significant fluctuation. The market reached its absolute peak on August 18, valuing the pair at 2329.1579. Conversely, the yearly low was recorded on January 6, dropping to 1960.4949.

This high-to-low spread represents a total annual volatility of 368.6630 IRR. From a start-to-finish perspective, comparing the January average rate of 2063.0536 to the December average rate of 2288.3306, the exchange rate registered a net change of 10.92% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 2329.1579 was up 15.95% compared to the 2016 peak of 2008.7517, 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 11,645,790 IRR
2016 Average 9,873,929 IRR
Yearly Trough Low 9,802,475 IRR
Transaction Impact: A difference of 1,843,314.97 IRR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

2310.8583
2040.5260
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 2089.4706, compared to 2193.4512 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 103.9807 points.

H1 Avg (Jan–Jun) 2089.4706
H2 Avg (Jul–Dec) 2193.4512

Volatility Range Comparison

Volatility

The most volatile month in 2017 was August, with a trading range of 211.9407 IRR (High: 2329.1579 / Low: 2117.2173). On the other end, June was the most stable month, with a tight range of 20.0260 IRR (High: 2098.9494 / Low: 2078.9234).

August Spread (Volatile) ±211.9407
June Spread (Stable) ±20.0260

Growth Streaks & Declines

Trends

Between June and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 11.7632 points.

Longest Streak 6 Mo.
Sharpest MoM Drop -11.7632

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2017: 2143.1743) against the same month in 2016 (average: 1980.2300), the exchange rate shifted by +162.9444 (+8.23%).

2017 Avg (August) 2143.1743
2016 Avg (August) 1980.2300

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2110.9675 1960.4949 2063.0536
February 2109.4188 2081.6629 2096.0108
March 2102.6288 2078.2046 2092.3922
April 2111.3448 2089.9081 2101.5871
May 2114.6433 2079.5519 2097.7715
June 2098.9494 2078.9234 2086.0083
July 2116.8936 2094.2853 2106.1627
August 2329.1579 2117.2173 2143.1743
September 2174.1705 2147.7993 2161.2346
October 2244.8808 2172.7953 2202.7483
November 2272.9398 2243.8178 2259.0569
December 2314.0366 2258.3898 2288.3306