YEARLY HIGH
1.9471 MVR
YEARLY LOW
1.6662 MVR
YEARLY AVERAGE
1.8094 MVR

2017 SEK to MVR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the SEK to MVR exchange rate experienced significant fluctuation. The market reached its absolute peak on August 31, valuing the pair at 1.9471. Conversely, the yearly low was recorded on January 3, dropping to 1.6662.

This high-to-low spread represents a total annual volatility of 0.2809 MVR. From a start-to-finish perspective, comparing the January average rate of 1.7181 to the December average rate of 1.8384, the exchange rate registered a net change of 7.00% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 1.9471 was up 1.49% compared to the 2016 peak of 1.9185, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 9,736 MVR
2016 Average 8,928 MVR
Yearly Trough Low 8,331 MVR
Transaction Impact: A difference of 1,404.53 MVR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

1.9471
1.6973
JanuMarcMayJulySeptNove

SEK 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 1.7450, compared to 1.8737 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1287 points.

H1 Avg (Jan–Jun) 1.7450
H2 Avg (Jul–Dec) 1.8737

Volatility Range Comparison

Volatility

The most volatile month in 2017 was August, with a trading range of 0.2046 MVR (High: 1.9471 / Low: 1.7425). On the other end, November was the most stable month, with a tight range of 0.0368 MVR (High: 1.8497 / Low: 1.8129).

August Spread (Volatile) ±0.2046
November Spread (Stable) ±0.0368

Growth Streaks & Declines

Trends

Between April and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0510 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0510

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2017: 1.8982) against the same month in 2016 (average: 1.7925), the exchange rate shifted by +0.1057 (+5.89%).

2017 Avg (August) 1.8982
2016 Avg (August) 1.7925

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.7624 1.6662 1.7181
February 1.7688 1.7129 1.7347
March 1.7596 1.7118 1.7386
April 1.7595 1.7010 1.7225
May 1.8011 1.7198 1.7633
June 1.8390 1.7654 1.7930
July 1.9122 1.8218 1.8630
August 1.9471 1.7425 1.8982
September 1.9454 1.8907 1.9263
October 1.9148 1.8389 1.8838
November 1.8497 1.8129 1.8328
December 1.8821 1.8105 1.8384