YEARLY HIGH
1.1064 ZAR
YEARLY LOW
0.8749 ZAR
YEARLY AVERAGE
0.9633 ZAR

2016 MVR to ZAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the MVR to ZAR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 18, valuing the pair at 1.1064. Conversely, the yearly low was recorded on November 8, dropping to 0.8749.

This high-to-low spread represents a total annual volatility of 0.2315 ZAR. From a start-to-finish perspective, comparing the January average rate of 1.0637 to the December average rate of 0.9051, the exchange rate registered a net change of -14.92% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 1.1064 was up 6.69% compared to the 2015 peak of 1.0370, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 MVR based on timing:

Yearly Peak High 5,532 ZAR
2015 Average 4,177 ZAR
Yearly Trough Low 4,375 ZAR
Transaction Impact: A difference of 1,157.39 ZAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

1.0796
0.8892
JanuMarcMayJulySeptNove

MVR to ZAR Seasonal Trends & Volatility Analysis

A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.

Seasonal Halves (H1 vs H2)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 1.0081, compared to 0.9185 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0897 points.

H1 Avg (Jan–Jun) 1.0081
H2 Avg (Jul–Dec) 0.9185

Volatility Range Comparison

Volatility

The most volatile month in 2016 was May, with a trading range of 0.1074 ZAR (High: 1.0363 / Low: 0.9289). On the other end, December was the most stable month, with a tight range of 0.0421 ZAR (High: 0.9247 / Low: 0.8826).

May Spread (Volatile) ±0.1074
December Spread (Stable) ±0.0421

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2016. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0484 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0484

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2016: 1.0637) against the same month in 2015 (average: 0.7573), the exchange rate shifted by +0.3065 (+40.47%).

2016 Avg (January) 1.0637
2015 Avg (January) 0.7573

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.1064 1.0084 1.0637
February 1.0628 0.9967 1.0330
March 1.0362 0.9664 1.0063
April 0.9974 0.9298 0.9579
May 1.0363 0.9289 1.0010
June 1.0240 0.9412 0.9870
July 0.9734 0.9125 0.9482
August 0.9614 0.8777 0.9070
September 0.9577 0.8846 0.9230
October 0.9363 0.8891 0.9125
November 0.9485 0.8749 0.9150
December 0.9247 0.8826 0.9051