YEARLY HIGH
2.0832 MVR
YEARLY LOW
1.9010 MVR
YEARLY AVERAGE
2.0613 MVR

2017 SRD to MVR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the SRD to MVR exchange rate experienced significant fluctuation. The market reached its absolute peak on August 21, valuing the pair at 2.0832. Conversely, the yearly low was recorded on August 19, dropping to 1.9010.

This high-to-low spread represents a total annual volatility of 0.1822 MVR. From a start-to-finish perspective, comparing the January average rate of 2.0582 to the December average rate of 2.0664, the exchange rate registered a net change of 0.40% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 2.0832 was down 45.86% compared to the 2016 peak of 3.8479, 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 10,416 MVR
2016 Average 13,247 MVR
Yearly Trough Low 9,505 MVR
Transaction Impact: A difference of 910.86 MVR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

2.0750
2.0434
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 2.0554, compared to 2.0671 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0117 points.

H1 Avg (Jan–Jun) 2.0554
H2 Avg (Jul–Dec) 2.0671

Volatility Range Comparison

Volatility

The most volatile month in 2017 was August, with a trading range of 0.1822 MVR (High: 2.0832 / Low: 1.9010). On the other end, December was the most stable month, with a tight range of 0.0041 MVR (High: 2.0690 / Low: 2.0649).

August Spread (Volatile) ±0.1822
December Spread (Stable) ±0.0041

Growth Streaks & Declines

Trends

Between April and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.0089 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0089

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2017: 2.0620) against the same month in 2016 (average: 2.1134), the exchange rate shifted by -0.0514 (-2.43%).

2017 Avg (August) 2.0620
2016 Avg (August) 2.1134

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.0678 2.0496 2.0582
February 2.0639 2.0389 2.0512
March 2.0683 2.0444 2.0541
April 2.0564 2.0365 2.0460
May 2.0738 2.0364 2.0527
June 2.0765 2.0578 2.0701
July 2.0765 2.0641 2.0708
August 2.0832 1.9010 2.0620
September 2.0772 2.0705 2.0724
October 2.0718 2.0677 2.0691
November 2.0690 2.0542 2.0621
December 2.0690 2.0649 2.0664