2017 MVR to XAF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2017.
2017 MVR to XAF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2017
During 2017, the MVR to XAF exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 41.2418. Conversely, the yearly low was recorded on September 8, dropping to 35.3861.
This high-to-low spread represents a total annual volatility of 5.8557 XAF. From a start-to-finish perspective, comparing the January average rate of 40.2017 to the December average rate of 35.9592, the exchange rate registered a net change of -10.55% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2017 high of 41.2418 was up 0.02% compared to the 2016 peak of 41.2322, 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 XAF 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 39.2229, compared to 36.2071 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 3.0157 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2017 was August, with a trading range of 3.9780 XAF (High: 39.4460 / Low: 35.4681). On the other end, December was the most stable month, with a tight range of 0.7920 XAF (High: 36.2735 / Low: 35.4814).
Growth Streaks & Declines
TrendsBetween September and November, 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 April and May, when the average rate fell by 1.3133 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2017: 40.2017) against the same month in 2016 (average: 39.4780), the exchange rate shifted by +0.7237 (+1.83%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 41.2418 | 39.5858 | 40.2017 |
| February | 40.2584 | 39.3300 | 39.9014 |
| March | 40.1601 | 39.1465 | 39.6225 |
| April | 40.1926 | 39.0278 | 39.6783 |
| May | 39.3114 | 37.4793 | 38.3650 |
| June | 37.9989 | 37.0660 | 37.5683 |
| July | 37.3058 | 35.9169 | 36.7594 |
| August | 39.4460 | 35.4681 | 36.2032 |
| September | 36.2512 | 35.3861 | 35.7187 |
| October | 36.7008 | 35.9006 | 36.2341 |
| November | 36.8313 | 35.9083 | 36.3682 |
| December | 36.2735 | 35.4814 | 35.9592 |