2016 MVR to YER Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2016.
2016 MVR to YER Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2016
During 2016, the MVR to YER exchange rate experienced significant fluctuation. The market reached its absolute peak on June 30, valuing the pair at 16.6345. Conversely, the yearly low was recorded on January 3, dropping to 13.9858.
This high-to-low spread represents a total annual volatility of 2.6487 YER. From a start-to-finish perspective, comparing the January average rate of 14.0458 to the December average rate of 16.3305, the exchange rate registered a net change of 16.27% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2016 high of 16.6345 was up 17.56% compared to the 2015 peak of 14.1496, 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 YER 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 15.1071, compared to 16.3992 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.2921 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2016 was April, with a trading range of 2.4135 YER (High: 16.4795 / Low: 14.0660). On the other end, September was the most stable month, with a tight range of 0.0739 YER (High: 16.4312 / Low: 16.3574).
Growth Streaks & Declines
TrendsBetween January and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.0747 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (June 2016: 16.3465) against the same month in 2015 (average: 14.0664), the exchange rate shifted by +2.2801 (+16.21%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 14.1168 | 13.9858 | 14.0458 |
| February | 14.1401 | 14.0134 | 14.0551 |
| March | 14.1547 | 14.0152 | 14.0854 |
| April | 16.4795 | 14.0660 | 15.7750 |
| May | 16.4036 | 16.2672 | 16.3346 |
| June | 16.6345 | 16.2696 | 16.3465 |
| July | 16.5582 | 16.4072 | 16.4647 |
| August | 16.5486 | 16.3960 | 16.4642 |
| September | 16.4312 | 16.3574 | 16.3895 |
| October | 16.4289 | 16.3093 | 16.3820 |
| November | 16.4785 | 16.2466 | 16.3641 |
| December | 16.4693 | 16.2329 | 16.3305 |