YEARLY HIGH
3.8479 MVR
YEARLY LOW
1.9630 MVR
YEARLY AVERAGE
2.6521 MVR

2016 SRD to MVR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the SRD to MVR exchange rate experienced significant fluctuation. The market reached its absolute peak on March 28, valuing the pair at 3.8479. Conversely, the yearly low was recorded on September 21, dropping to 1.9630.

This high-to-low spread represents a total annual volatility of 1.8849 MVR. From a start-to-finish perspective, comparing the January average rate of 3.8340 to the December average rate of 2.0802, the exchange rate registered a net change of -45.74% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 3.8479 was down 17.95% compared to the 2015 peak of 4.6896, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 19,239 MVR
2015 Average 22,970 MVR
Yearly Trough Low 9,815 MVR
Transaction Impact: A difference of 9,424.39 MVR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

4.0138
1.8564
JanuMarcMayJulySeptNove

SRD 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 3.2015, compared to 2.1027 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.0988 points.

H1 Avg (Jan–Jun) 3.2015
H2 Avg (Jul–Dec) 2.1027

Volatility Range Comparison

Volatility

The most volatile month in 2016 was May, with a trading range of 0.3931 MVR (High: 2.7507 / Low: 2.3576). On the other end, July was the most stable month, with a tight range of 0.0220 MVR (High: 2.1618 / Low: 2.1397).

May Spread (Volatile) ±0.3931
July Spread (Stable) ±0.0220

Growth Streaks & Declines

Trends

Between September and November, 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 March and April, when the average rate fell by 0.9539 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.9539

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2016: 3.8251) against the same month in 2015 (average: 4.6420), the exchange rate shifted by -0.8169 (-17.60%).

2016 Avg (March) 3.8251
2015 Avg (March) 4.6420

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 3.8430 3.8163 3.8340
February 3.8427 3.8080 3.8320
March 3.8479 3.8038 3.8251
April 3.0220 2.6682 2.8713
May 2.7507 2.3576 2.6322
June 2.3782 2.1403 2.2143
July 2.1618 2.1397 2.1504
August 2.1586 2.0693 2.1134
September 2.1195 1.9630 2.0362
October 2.2306 1.9935 2.1165
November 2.1940 2.0919 2.1195
December 2.0874 2.0597 2.0802