YEARLY HIGH
0.1524 MVR
YEARLY LOW
0.1380 MVR
YEARLY AVERAGE
0.1482 MVR

2017 NPR to MVR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the NPR to MVR exchange rate experienced significant fluctuation. The market reached its absolute peak on June 7, valuing the pair at 0.1524. Conversely, the yearly low was recorded on August 19, dropping to 0.1380.

This high-to-low spread represents a total annual volatility of 0.0144 MVR. From a start-to-finish perspective, comparing the January average rate of 0.1411 to the December average rate of 0.1499, the exchange rate registered a net change of 6.21% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.1524 was up 5.24% compared to the 2016 peak of 0.1448, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 762 MVR
2016 Average 710 MVR
Yearly Trough Low 690 MVR
Transaction Impact: A difference of 72.01 MVR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.1521
0.1401
JanuMarcMayJulySeptNove

NPR to MVR 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 0.1472, compared to 0.1492 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0021 points.

H1 Avg (Jan–Jun) 0.1472
H2 Avg (Jul–Dec) 0.1492

Volatility Range Comparison

Volatility

The most volatile month in 2017 was August, with a trading range of 0.0142 MVR (High: 0.1522 / Low: 0.1380). On the other end, December was the most stable month, with a tight range of 0.0020 MVR (High: 0.1509 / Low: 0.1489).

August Spread (Volatile) ±0.0142
December Spread (Stable) ±0.0020

Growth Streaks & Declines

Trends

Between January and June, 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 September and October, when the average rate fell by 0.0014 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0014

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2017: 0.1511) against the same month in 2016 (average: 0.1419), the exchange rate shifted by +0.0092 (+6.45%).

2017 Avg (June) 0.1511
2016 Avg (June) 0.1419

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1426 0.1396 0.1411
February 0.1458 0.1425 0.1442
March 0.1489 0.1454 0.1471
April 0.1505 0.1485 0.1494
May 0.1515 0.1481 0.1502
June 0.1524 0.1500 0.1511
July 0.1516 0.1494 0.1503
August 0.1522 0.1380 0.1499
September 0.1506 0.1465 0.1494
October 0.1488 0.1465 0.1480
November 0.1492 0.1471 0.1481
December 0.1509 0.1489 0.1499