YEARLY HIGH
0.6906 MVR
YEARLY LOW
0.5572 MVR
YEARLY AVERAGE
0.6475 MVR

2017 ETB to MVR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the ETB to MVR exchange rate experienced significant fluctuation. The market reached its absolute peak on March 5, valuing the pair at 0.6906. Conversely, the yearly low was recorded on November 27, dropping to 0.5572.

This high-to-low spread represents a total annual volatility of 0.1334 MVR. From a start-to-finish perspective, comparing the January average rate of 0.6812 to the December average rate of 0.5631, the exchange rate registered a net change of -17.34% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.6906 was down 4.56% compared to the 2016 peak of 0.7236, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,453 MVR
2016 Average 3,496 MVR
Yearly Trough Low 2,786 MVR
Transaction Impact: A difference of 666.92 MVR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.6938
0.5505
JanuMarcMayJulySeptNove

ETB 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 0.6778, compared to 0.6172 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0606 points.

H1 Avg (Jan–Jun) 0.6778
H2 Avg (Jul–Dec) 0.6172

Volatility Range Comparison

Volatility

The most volatile month in 2017 was October, with a trading range of 0.0934 MVR (High: 0.6565 / Low: 0.5631). On the other end, December was the most stable month, with a tight range of 0.0097 MVR (High: 0.5687 / Low: 0.5590).

October Spread (Volatile) ±0.0934
December Spread (Stable) ±0.0097

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2017. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0575 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0575

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2017: 0.6818) against the same month in 2016 (average: 0.7137), the exchange rate shifted by -0.0318 (-4.46%).

2017 Avg (March) 0.6818
2016 Avg (March) 0.7137

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.6871 0.6763 0.6812
February 0.6896 0.6764 0.6819
March 0.6906 0.6754 0.6818
April 0.6826 0.6694 0.6755
May 0.6804 0.6645 0.6727
June 0.6808 0.6676 0.6738
July 0.6749 0.6597 0.6664
August 0.6675 0.6056 0.6574
September 0.6625 0.6508 0.6557
October 0.6565 0.5631 0.5982
November 0.5685 0.5572 0.5624
December 0.5687 0.5590 0.5631