YEARLY HIGH
0.1498 MVR
YEARLY LOW
0.1342 MVR
YEARLY AVERAGE
0.1466 MVR

2017 PKR to MVR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the PKR to MVR exchange rate experienced significant fluctuation. The market reached its absolute peak on June 2, valuing the pair at 0.1498. Conversely, the yearly low was recorded on August 19, dropping to 0.1342.

This high-to-low spread represents a total annual volatility of 0.0155 MVR. From a start-to-finish perspective, comparing the January average rate of 0.1469 to the December average rate of 0.1418, the exchange rate registered a net change of -3.47% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.1498 was up 1.52% compared to the 2016 peak of 0.1475, 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 74,876 MVR
2016 Average 72,891 MVR
Yearly Trough Low 67,123 MVR
Transaction Impact: A difference of 7,752.50 MVR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.1493
0.1411
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 0.1477, compared to 0.1455 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0021 points.

H1 Avg (Jan–Jun) 0.1477
H2 Avg (Jul–Dec) 0.1455

Volatility Range Comparison

Volatility

The most volatile month in 2017 was August, with a trading range of 0.0137 MVR (High: 0.1479 / Low: 0.1342). On the other end, October was the most stable month, with a tight range of 0.0014 MVR (High: 0.1469 / Low: 0.1455).

August Spread (Volatile) ±0.0137
October Spread (Stable) ±0.0014

Growth Streaks & Declines

Trends

Between January and March, 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 November and December, when the average rate fell by 0.0041 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0041

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2017: 0.1486) against the same month in 2016 (average: 0.1461), the exchange rate shifted by +0.0026 (+1.76%).

2017 Avg (June) 0.1486
2016 Avg (June) 0.1461

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1477 0.1457 0.1469
February 0.1486 0.1464 0.1475
March 0.1494 0.1470 0.1480
April 0.1482 0.1465 0.1472
May 0.1491 0.1462 0.1477
June 0.1498 0.1471 0.1486
July 0.1484 0.1459 0.1473
August 0.1479 0.1342 0.1458
September 0.1469 0.1450 0.1461
October 0.1469 0.1455 0.1463
November 0.1470 0.1446 0.1459
December 0.1462 0.1392 0.1418