YEARLY HIGH
0.1475 MVR
YEARLY LOW
0.1435 MVR
YEARLY AVERAGE
0.1458 MVR

2016 PKR to MVR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the PKR to MVR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 29, valuing the pair at 0.1475. Conversely, the yearly low was recorded on June 30, dropping to 0.1435.

This high-to-low spread represents a total annual volatility of 0.0040 MVR. From a start-to-finish perspective, comparing the January average rate of 0.1459 to the December average rate of 0.1462, the exchange rate registered a net change of 0.19% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.1475 was down 2.87% compared to the 2015 peak of 0.1519, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 500,000 PKR based on timing:

Yearly Peak High 73,753 MVR
2015 Average 74,420 MVR
Yearly Trough Low 71,766 MVR
Transaction Impact: A difference of 1,986.61 MVR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.1463
0.1448
JanuMarcMayJulySeptNove

PKR 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 0.1459, compared to 0.1456 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0003 points.

H1 Avg (Jan–Jun) 0.1459
H2 Avg (Jul–Dec) 0.1456

Volatility Range Comparison

Volatility

The most volatile month in 2016 was June, with a trading range of 0.0037 MVR (High: 0.1473 / Low: 0.1435). On the other end, September was the most stable month, with a tight range of 0.0010 MVR (High: 0.1465 / Low: 0.1455).

June Spread (Volatile) ±0.0037
September Spread (Stable) ±0.0010

Growth Streaks & Declines

Trends

Between April and June, 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 June and July, when the average rate fell by 0.0012 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0012

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2016: 0.1462) against the same month in 2015 (average: 0.1462), the exchange rate shifted by -0.0000 (-0.03%).

2016 Avg (December) 0.1462
2015 Avg (December) 0.1462

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1464 0.1452 0.1459
February 0.1469 0.1449 0.1462
March 0.1465 0.1450 0.1458
April 0.1465 0.1438 0.1457
May 0.1465 0.1454 0.1460
June 0.1473 0.1435 0.1461
July 0.1455 0.1442 0.1449
August 0.1456 0.1444 0.1451
September 0.1465 0.1455 0.1460
October 0.1465 0.1452 0.1459
November 0.1469 0.1445 0.1458
December 0.1475 0.1449 0.1462