2017 MVR to SYP Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2017.
2017 MVR to SYP Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2017
During 2017, the MVR to SYP exchange rate experienced significant fluctuation. The market reached its absolute peak on August 18, valuing the pair at 36.4247. Conversely, the yearly low was recorded on June 11, dropping to 13.7284.
This high-to-low spread represents a total annual volatility of 22.6963 SYP. From a start-to-finish perspective, comparing the January average rate of 13.9253 to the December average rate of 33.4305, the exchange rate registered a net change of 140.07% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2017 high of 36.4247 was up 149.83% compared to the 2016 peak of 14.5798, 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 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 13.8550, compared to 29.2677 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 15.4127 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2017 was August, with a trading range of 22.5298 SYP (High: 36.4247 / Low: 13.8948). On the other end, December was the most stable month, with a tight range of 0.0237 SYP (High: 33.4419 / Low: 33.4182).
Growth Streaks & Declines
TrendsBetween June and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.1012 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (August 2017: 27.9526) against the same month in 2016 (average: 14.1539), the exchange rate shifted by +13.7987 (+97.49%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 13.9845 | 13.8768 | 13.9253 |
| February | 13.9634 | 13.7700 | 13.8661 |
| March | 13.8960 | 13.7391 | 13.8296 |
| April | 13.9454 | 13.8104 | 13.8810 |
| May | 13.9642 | 13.7307 | 13.8546 |
| June | 13.8560 | 13.7284 | 13.7734 |
| July | 13.8976 | 13.8184 | 13.8500 |
| August | 36.4247 | 13.8948 | 27.9526 |
| September | 33.4692 | 33.3328 | 33.4120 |
| October | 33.4413 | 33.4046 | 33.4292 |
| November | 33.6617 | 33.4195 | 33.5318 |
| December | 33.4419 | 33.4182 | 33.4305 |