YEARLY HIGH
11.3826 MVR
YEARLY LOW
9.8135 MVR
YEARLY AVERAGE
10.6418 MVR

2016 NZD to MVR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the NZD to MVR exchange rate experienced significant fluctuation. The market reached its absolute peak on September 7, valuing the pair at 11.3826. Conversely, the yearly low was recorded on January 19, dropping to 9.8135.

This high-to-low spread represents a total annual volatility of 1.5691 MVR. From a start-to-finish perspective, comparing the January average rate of 10.0198 to the December average rate of 10.7615, the exchange rate registered a net change of 7.40% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 11.3826 was down 4.89% compared to the 2015 peak of 11.9683, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 56,913 MVR
2015 Average 53,517 MVR
Yearly Trough Low 49,067 MVR
Transaction Impact: A difference of 7,845.57 MVR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

11.2596
9.9071
JanuMarcMayJulySeptNove

NZD 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 10.3557, compared to 10.9279 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.5722 points.

H1 Avg (Jan–Jun) 10.3557
H2 Avg (Jul–Dec) 10.9279

Volatility Range Comparison

Volatility

The most volatile month in 2016 was June, with a trading range of 0.7031 MVR (High: 11.0798 / Low: 10.3767). On the other end, February was the most stable month, with a tight range of 0.3071 MVR (High: 10.3050 / Low: 9.9979).

June Spread (Volatile) ±0.7031
February Spread (Stable) ±0.3071

Growth Streaks & Declines

Trends

Between May and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.2160 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.2160

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2016: 11.1469) against the same month in 2015 (average: 9.6967), the exchange rate shifted by +1.4502 (+14.96%).

2016 Avg (September) 11.1469
2015 Avg (September) 9.6967

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 10.5092 9.8135 10.0198
February 10.3050 9.9979 10.1515
March 10.5773 10.0897 10.2991
April 10.7807 10.2464 10.5092
May 10.7547 10.2031 10.3909
June 11.0798 10.3767 10.7636
July 11.1209 10.5650 10.8423
August 11.1165 10.7512 10.9718
September 11.3826 11.0533 11.1469
October 11.1351 10.7379 10.9309
November 11.1875 10.7192 10.9141
December 11.0103 10.5757 10.7615