2017 MVR to MRO Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2017.
2017 MVR to MRO Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2017
During 2017, the MVR to MRO exchange rate experienced significant fluctuation. The market reached its absolute peak on August 18, valuing the pair at 25.7390. Conversely, the yearly low was recorded on March 5, dropping to 22.9212.
This high-to-low spread represents a total annual volatility of 2.8178 MRO. From a start-to-finish perspective, comparing the January average rate of 23.3332 to the December average rate of 23.0660, the exchange rate registered a net change of -1.15% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2017 high of 25.7390 was up 8.85% compared to the 2016 peak of 23.6462, 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 MRO 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 23.2463, compared to 23.3955 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1492 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2017 was August, with a trading range of 2.3179 MRO (High: 25.7390 / Low: 23.4212). On the other end, December was the most stable month, with a tight range of 0.1851 MRO (High: 23.1621 / Low: 22.9770).
Growth Streaks & Declines
TrendsBetween June and August, 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 October and November, when the average rate fell by 0.3323 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (August 2017: 23.7127) against the same month in 2016 (average: 23.4033), the exchange rate shifted by +0.3093 (+1.32%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 23.5265 | 23.1789 | 23.3332 |
| February | 23.4050 | 23.0511 | 23.2245 |
| March | 23.3469 | 22.9212 | 23.1789 |
| April | 23.4503 | 23.1351 | 23.3264 |
| May | 23.4983 | 23.0390 | 23.2645 |
| June | 23.3061 | 22.9643 | 23.1503 |
| July | 23.5515 | 23.1805 | 23.3485 |
| August | 25.7390 | 23.4212 | 23.7127 |
| September | 23.8251 | 23.5858 | 23.7026 |
| October | 23.8251 | 22.9764 | 23.4379 |
| November | 23.2934 | 22.9418 | 23.1056 |
| December | 23.1621 | 22.9770 | 23.0660 |