YEARLY HIGH
11.6418 MVR
YEARLY LOW
10.3434 MVR
YEARLY AVERAGE
10.9729 MVR

2017 NZD to MVR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the NZD to MVR exchange rate experienced significant fluctuation. The market reached its absolute peak on July 30, valuing the pair at 11.6418. Conversely, the yearly low was recorded on August 19, dropping to 10.3434.

This high-to-low spread represents a total annual volatility of 1.2984 MVR. From a start-to-finish perspective, comparing the January average rate of 10.9468 to the December average rate of 10.7331, the exchange rate registered a net change of -1.95% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 11.6418 was up 2.28% compared to the 2016 peak of 11.3826, 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 58,209 MVR
2016 Average 53,212 MVR
Yearly Trough Low 51,717 MVR
Transaction Impact: A difference of 6,492.17 MVR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

11.4922
10.4929
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 10.9533, compared to 10.9926 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0393 points.

H1 Avg (Jan–Jun) 10.9533
H2 Avg (Jul–Dec) 10.9926

Volatility Range Comparison

Volatility

The most volatile month in 2017 was August, with a trading range of 1.1592 MVR (High: 11.5026 / Low: 10.3434). On the other end, November was the most stable month, with a tight range of 0.2318 MVR (High: 10.6868 / Low: 10.4550).

August Spread (Volatile) ±1.1592
November Spread (Stable) ±0.2318

Growth Streaks & Declines

Trends

Between May and July, 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 September and October, when the average rate fell by 0.3206 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.3206

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2017: 11.4089) against the same month in 2016 (average: 10.8423), the exchange rate shifted by +0.5666 (+5.23%).

2017 Avg (July) 11.4089
2016 Avg (July) 10.8423

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 11.2375 10.5556 10.9468
February 11.3208 11.0617 11.1597
March 11.0668 10.7260 10.8540
April 10.8899 10.5796 10.7677
May 11.0600 10.4860 10.7478
June 11.3700 11.0156 11.2437
July 11.6418 11.2003 11.4089
August 11.5026 10.3434 11.2075
September 11.3101 11.0543 11.1752
October 11.1227 10.5339 10.8546
November 10.6868 10.4550 10.5762
December 10.9372 10.5193 10.7331