YEARLY HIGH
0.1019 NZD
YEARLY LOW
0.0879 NZD
YEARLY AVERAGE
0.0941 NZD

2016 MVR to NZD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the MVR to NZD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 19, valuing the pair at 0.1019. Conversely, the yearly low was recorded on September 7, dropping to 0.0879.

This high-to-low spread represents a total annual volatility of 0.0140 NZD. From a start-to-finish perspective, comparing the January average rate of 0.0998 to the December average rate of 0.0929, the exchange rate registered a net change of -6.91% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.1019 was down 2.40% compared to the 2015 peak of 0.1044, 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 510 NZD
2015 Average 469 NZD
Yearly Trough Low 439 NZD
Transaction Impact: A difference of 70.24 NZD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.1009
0.0887
JanuMarcMayJulySeptNove

MVR to NZD 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 0.0966, compared to 0.0915 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0051 points.

H1 Avg (Jan–Jun) 0.0966
H2 Avg (Jul–Dec) 0.0915

Volatility Range Comparison

Volatility

The most volatile month in 2016 was January, with a trading range of 0.0067 NZD (High: 0.1019 / Low: 0.0952). On the other end, September was the most stable month, with a tight range of 0.0026 NZD (High: 0.0905 / Low: 0.0879).

January Spread (Volatile) ±0.0067
September Spread (Stable) ±0.0026

Growth Streaks & Declines

Trends

Between 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 May and June, when the average rate fell by 0.0033 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0033

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2016: 0.0998) against the same month in 2015 (average: 0.0858), the exchange rate shifted by +0.0140 (+16.31%).

2016 Avg (January) 0.0998
2015 Avg (January) 0.0858

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1019 0.0952 0.0998
February 0.1000 0.0970 0.0985
March 0.0991 0.0945 0.0971
April 0.0976 0.0928 0.0952
May 0.0980 0.0930 0.0963
June 0.0964 0.0903 0.0929
July 0.0947 0.0899 0.0923
August 0.0930 0.0900 0.0911
September 0.0905 0.0879 0.0897
October 0.0931 0.0898 0.0915
November 0.0933 0.0894 0.0916
December 0.0946 0.0908 0.0929