YEARLY HIGH
0.0967 NZD
YEARLY LOW
0.0859 NZD
YEARLY AVERAGE
0.0912 NZD

2017 MVR to NZD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the MVR to NZD exchange rate experienced significant fluctuation. The market reached its absolute peak on August 19, valuing the pair at 0.0967. Conversely, the yearly low was recorded on July 30, dropping to 0.0859.

This high-to-low spread represents a total annual volatility of 0.0108 NZD. From a start-to-finish perspective, comparing the January average rate of 0.0914 to the December average rate of 0.0932, the exchange rate registered a net change of 1.97% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.0967 was down 5.12% compared to the 2016 peak of 0.1019, 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 483 NZD
2016 Average 470 NZD
Yearly Trough Low 429 NZD
Transaction Impact: A difference of 53.91 NZD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.0952
0.0870
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 0.0913, compared to 0.0911 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0003 points.

H1 Avg (Jan–Jun) 0.0913
H2 Avg (Jul–Dec) 0.0911

Volatility Range Comparison

Volatility

The most volatile month in 2017 was August, with a trading range of 0.0097 NZD (High: 0.0967 / Low: 0.0869). On the other end, September was the most stable month, with a tight range of 0.0020 NZD (High: 0.0905 / Low: 0.0884).

August Spread (Volatile) ±0.0097
September Spread (Stable) ±0.0020

Growth Streaks & Declines

Trends

Between July and November, 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 May and June, when the average rate fell by 0.0041 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0041

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2017: 0.0893) against the same month in 2016 (average: 0.0911), the exchange rate shifted by -0.0019 (-2.05%).

2017 Avg (August) 0.0893
2016 Avg (August) 0.0911

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0947 0.0890 0.0914
February 0.0904 0.0883 0.0896
March 0.0932 0.0904 0.0921
April 0.0945 0.0918 0.0929
May 0.0954 0.0904 0.0931
June 0.0908 0.0880 0.0889
July 0.0893 0.0859 0.0877
August 0.0967 0.0869 0.0893
September 0.0905 0.0884 0.0895
October 0.0949 0.0899 0.0922
November 0.0956 0.0936 0.0946
December 0.0951 0.0914 0.0932