2016 MVR to SYP Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2016.
2016 MVR to SYP Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2016
During 2016, the MVR to SYP exchange rate experienced significant fluctuation. The market reached its absolute peak on April 4, valuing the pair at 14.5798. Conversely, the yearly low was recorded on December 18, dropping to 13.8329.
This high-to-low spread represents a total annual volatility of 0.7469 SYP. From a start-to-finish perspective, comparing the January average rate of 14.3728 to the December average rate of 13.9405, the exchange rate registered a net change of -3.01% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2016 high of 14.5798 was up 0.44% compared to the 2015 peak of 14.5158, 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 SYP 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 14.3687, compared to 14.0624 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.3063 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2016 was April, with a trading range of 0.2667 SYP (High: 14.5798 / Low: 14.3132). On the other end, May was the most stable month, with a tight range of 0.0962 SYP (High: 14.4023 / Low: 14.3061).
Growth Streaks & Declines
TrendsNo sustained consecutive month-over-month growth streak of 2+ months occurred in 2016. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.1148 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (April 2016: 14.3918) against the same month in 2015 (average: 13.8212), the exchange rate shifted by +0.5706 (+4.13%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 14.4363 | 14.3362 | 14.3728 |
| February | 14.4611 | 14.3244 | 14.3695 |
| March | 14.4767 | 14.3154 | 14.3970 |
| April | 14.5798 | 14.3132 | 14.3918 |
| May | 14.4023 | 14.3061 | 14.3502 |
| June | 14.4096 | 14.2751 | 14.3311 |
| July | 14.3049 | 14.1440 | 14.2246 |
| August | 14.2506 | 14.0723 | 14.1539 |
| September | 14.1274 | 14.0061 | 14.0391 |
| October | 14.0588 | 13.9538 | 14.0190 |
| November | 14.1099 | 13.8896 | 13.9974 |
| December | 14.0764 | 13.8329 | 13.9405 |