2016 MVR to LKR Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2016.
2016 MVR to LKR Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2016
During 2016, the MVR to LKR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 28, valuing the pair at 9.8045. Conversely, the yearly low was recorded on February 3, dropping to 9.3413.
This high-to-low spread represents a total annual volatility of 0.4632 LKR. From a start-to-finish perspective, comparing the January average rate of 9.4100 to the December average rate of 9.7370, the exchange rate registered a net change of 3.48% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2016 high of 9.8045 was up 4.13% compared to the 2015 peak of 9.4155, 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 LKR 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 9.5112, compared to 9.6362 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1251 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2016 was March, with a trading range of 0.3463 LKR (High: 9.7863 / Low: 9.4399). On the other end, January was the most stable month, with a tight range of 0.1018 LKR (High: 9.4770 / Low: 9.3752).
Growth Streaks & Declines
TrendsBetween January and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.0351 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2016: 9.7370) against the same month in 2015 (average: 9.3581), the exchange rate shifted by +0.3790 (+4.05%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 9.4770 | 9.3752 | 9.4100 |
| February | 9.5592 | 9.3413 | 9.4223 |
| March | 9.7863 | 9.4399 | 9.5329 |
| April | 9.6517 | 9.4548 | 9.5492 |
| May | 9.6962 | 9.5099 | 9.5799 |
| June | 9.7291 | 9.4545 | 9.5727 |
| July | 9.6715 | 9.5350 | 9.6057 |
| August | 9.6592 | 9.5439 | 9.5869 |
| September | 9.6074 | 9.5052 | 9.5519 |
| October | 9.7245 | 9.5724 | 9.6328 |
| November | 9.7708 | 9.6417 | 9.7031 |
| December | 9.8045 | 9.6690 | 9.7370 |