YEARLY HIGH
4.7201 MVR
YEARLY LOW
4.3005 MVR
YEARLY AVERAGE
4.5252 MVR

2016 PEN to MVR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the PEN to MVR exchange rate experienced significant fluctuation. The market reached its absolute peak on April 20, valuing the pair at 4.7201. Conversely, the yearly low was recorded on February 28, dropping to 4.3005.

This high-to-low spread represents a total annual volatility of 0.4196 MVR. From a start-to-finish perspective, comparing the January average rate of 4.4556 to the December average rate of 4.5101, the exchange rate registered a net change of 1.22% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 4.7201 was down 8.04% compared to the 2015 peak of 5.1329, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 23,600 MVR
2015 Average 24,041 MVR
Yearly Trough Low 21,502 MVR
Transaction Impact: A difference of 2,097.83 MVR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

4.6452
4.3387
JanuMarcMayJulySeptNove

PEN 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 4.5201, compared to 4.5303 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0103 points.

H1 Avg (Jan–Jun) 4.5201
H2 Avg (Jul–Dec) 4.5303

Volatility Range Comparison

Volatility

The most volatile month in 2016 was March, with a trading range of 0.2554 MVR (High: 4.5981 / Low: 4.3428). On the other end, October was the most stable month, with a tight range of 0.0720 MVR (High: 4.5491 / Low: 4.4771).

March Spread (Volatile) ±0.2554
October Spread (Stable) ±0.0720

Growth Streaks & Declines

Trends

Between February and April, 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 January and February, when the average rate fell by 0.0913 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0913

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2016: 4.6197) against the same month in 2015 (average: 4.8972), the exchange rate shifted by -0.2775 (-5.67%).

2016 Avg (April) 4.6197
2015 Avg (April) 4.8972

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 4.4952 4.3902 4.4556
February 4.4085 4.3005 4.3642
March 4.5981 4.3428 4.4843
April 4.7201 4.4986 4.6197
May 4.6613 4.5246 4.5910
June 4.6614 4.5198 4.6056
July 4.6435 4.5198 4.5962
August 4.6015 4.5046 4.5571
September 4.5653 4.4845 4.5164
October 4.5491 4.4771 4.5097
November 4.5385 4.4329 4.4925
December 4.5930 4.4477 4.5101