2017 MVR to SOS Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2017.
2017 MVR to SOS Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2017
During 2017, the MVR to SOS exchange rate experienced significant fluctuation. The market reached its absolute peak on August 18, valuing the pair at 40.8738. Conversely, the yearly low was recorded on June 3, dropping to 36.8443.
This high-to-low spread represents a total annual volatility of 4.0295 SOS. From a start-to-finish perspective, comparing the January average rate of 37.5962 to the December average rate of 37.6507, the exchange rate registered a net change of 0.14% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2017 high of 40.8738 was up 0.36% compared to the 2016 peak of 40.7287, 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 SOS 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 37.4189, compared to 37.6242 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2053 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2017 was August, with a trading range of 3.7675 SOS (High: 40.8738 / Low: 37.1063). On the other end, January was the most stable month, with a tight range of 0.5667 SOS (High: 37.9595 / Low: 37.3928).
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 May and June, when the average rate fell by 0.1873 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (August 2017: 37.7422) against the same month in 2016 (average: 38.3505), the exchange rate shifted by -0.6083 (-1.59%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 37.9595 | 37.3928 | 37.5962 |
| February | 37.7503 | 37.0381 | 37.4528 |
| March | 37.5572 | 36.8980 | 37.2974 |
| April | 37.8167 | 37.2207 | 37.5442 |
| May | 37.7713 | 36.9951 | 37.4049 |
| June | 37.6928 | 36.8443 | 37.2176 |
| July | 37.8465 | 36.9888 | 37.3301 |
| August | 40.8738 | 37.1063 | 37.7422 |
| September | 38.2464 | 37.4187 | 37.6904 |
| October | 38.0970 | 37.4200 | 37.6149 |
| November | 38.8243 | 37.3870 | 37.7167 |
| December | 38.5711 | 37.3036 | 37.6507 |