2017 MVR to KMF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2017.
2017 MVR to KMF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2017
During 2017, the MVR to KMF exchange rate experienced significant fluctuation. The market reached its absolute peak on January 4, valuing the pair at 30.6013. Conversely, the yearly low was recorded on September 10, dropping to 26.5550.
This high-to-low spread represents a total annual volatility of 4.0464 KMF. From a start-to-finish perspective, comparing the January average rate of 30.1098 to the December average rate of 27.0020, the exchange rate registered a net change of -10.32% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2017 high of 30.6013 was down 0.72% compared to the 2016 peak of 30.8218, 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 2017.
MVR to KMF 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 29.4181, compared to 27.1584 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 2.2597 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2017 was May, with a trading range of 1.3970 KMF (High: 29.5337 / Low: 28.1366). On the other end, December was the most stable month, with a tight range of 0.5285 KMF (High: 27.1946 / Low: 26.6661).
Growth Streaks & Declines
TrendsBetween September and November, 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 April and May, when the average rate fell by 1.0089 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2017: 30.1098) against the same month in 2016 (average: 29.5051), the exchange rate shifted by +0.6047 (+2.05%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 30.6013 | 29.5728 | 30.1098 |
| February | 30.2068 | 29.5268 | 29.9189 |
| March | 30.0910 | 29.3262 | 29.7161 |
| April | 30.1407 | 29.2595 | 29.7947 |
| May | 29.5337 | 28.1366 | 28.7858 |
| June | 28.5287 | 27.7626 | 28.1832 |
| July | 28.0090 | 26.9252 | 27.5941 |
| August | 27.3091 | 26.6339 | 27.0319 |
| September | 27.2121 | 26.5550 | 26.8203 |
| October | 27.5722 | 26.9641 | 27.1775 |
| November | 27.6531 | 26.9784 | 27.3246 |
| December | 27.1946 | 26.6661 | 27.0020 |