YEARLY HIGH
4.2869 MVR
YEARLY LOW
3.8838 MVR
YEARLY AVERAGE
4.1982 MVR

2017 QAR to MVR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the QAR to MVR exchange rate experienced significant fluctuation. The market reached its absolute peak on May 30, valuing the pair at 4.2869. Conversely, the yearly low was recorded on August 19, dropping to 3.8838.

This high-to-low spread represents a total annual volatility of 0.4032 MVR. From a start-to-finish perspective, comparing the January average rate of 4.2210 to the December average rate of 4.1994, the exchange rate registered a net change of -0.51% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 4.2869 was up 1.24% compared to the 2016 peak of 4.2344, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 21,435 MVR
2016 Average 20,962 MVR
Yearly Trough Low 19,419 MVR
Transaction Impact: A difference of 2,015.88 MVR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

4.2784
4.0140
JanuMarcMayJulySeptNove

QAR 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 4.2410, compared to 4.1555 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0855 points.

H1 Avg (Jan–Jun) 4.2410
H2 Avg (Jul–Dec) 4.1555

Volatility Range Comparison

Volatility

The most volatile month in 2017 was August, with a trading range of 0.3936 MVR (High: 4.2774 / Low: 3.8838). On the other end, April was the most stable month, with a tight range of 0.0413 MVR (High: 4.2635 / Low: 4.2222).

August Spread (Volatile) ±0.3936
April Spread (Stable) ±0.0413

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 October and November, when the average rate fell by 0.0839 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0839

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2017: 4.2494) against the same month in 2016 (average: 4.2001), the exchange rate shifted by +0.0493 (+1.17%).

2017 Avg (May) 4.2494
2016 Avg (May) 4.2001

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 4.2411 4.1890 4.2210
February 4.2747 4.2155 4.2455
March 4.2842 4.2363 4.2564
April 4.2635 4.2222 4.2404
May 4.2869 4.2151 4.2494
June 4.2862 4.0884 4.2331
July 4.2608 4.1515 4.2220
August 4.2774 3.8838 4.1919
September 4.2249 4.1424 4.1635
October 4.2325 4.0473 4.1199
November 4.2052 3.9030 4.0360
December 4.2383 4.1510 4.1994