2016 MVR to KRW Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2016.
2016 MVR to KRW Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2016
During 2016, the MVR to KRW exchange rate experienced significant fluctuation. The market reached its absolute peak on February 28, valuing the pair at 81.6514. Conversely, the yearly low was recorded on September 8, dropping to 71.5800.
This high-to-low spread represents a total annual volatility of 10.0714 KRW. From a start-to-finish perspective, comparing the January average rate of 78.4610 to the December average rate of 77.3106, the exchange rate registered a net change of -1.47% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2016 high of 81.6514 was up 3.73% compared to the 2015 peak of 78.7142, 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 KRW 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 77.3674, compared to 74.7200 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 2.6474 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2016 was March, with a trading range of 5.7004 KRW (High: 80.6445 / Low: 74.9441). On the other end, August was the most stable month, with a tight range of 1.8225 KRW (High: 73.9102 / Low: 72.0877).
Growth Streaks & Declines
TrendsBetween September and December, 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 March and April, when the average rate fell by 2.3610 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (February 2016: 79.6294) against the same month in 2015 (average: 72.1298), the exchange rate shifted by +7.4996 (+10.40%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 79.5020 | 76.5676 | 78.4610 |
| February | 81.6514 | 78.2255 | 79.6294 |
| March | 80.6445 | 74.9441 | 77.5740 |
| April | 76.2684 | 73.9681 | 75.2130 |
| May | 78.2983 | 74.4861 | 76.8274 |
| June | 78.1066 | 75.0830 | 76.4995 |
| July | 76.6921 | 73.1791 | 75.1318 |
| August | 73.9102 | 72.0877 | 73.1859 |
| September | 73.6981 | 71.5800 | 72.7291 |
| October | 75.2107 | 72.0899 | 73.7829 |
| November | 77.2249 | 74.7632 | 76.1795 |
| December | 79.3282 | 76.0159 | 77.3106 |