2016 ZAR to MVR Historical Review

YEARLY HIGH

1.1430 MVR

YEARLY LOW

0.9038 MVR

YEARLY AVERAGE

1.0415 MVR

2016 ZAR to MVR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the ZAR to MVR exchange rate experienced significant fluctuation. The market reached its absolute peak on November 8, valuing the pair at 1.1430. Conversely, the yearly low was recorded on January 18, dropping to 0.9038.

This high-to-low spread represents a total annual volatility of 0.2391 MVR. From a start-to-finish perspective, comparing the January average rate of 0.9408 to the December average rate of 1.1050, the exchange rate registered a net change of 17.46% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 1.1430 was down 15.19% compared to the 2015 peak of 1.3477, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 50,000 ZAR based on timing:

Yearly Peak High 57,149 MVR

2015 Average 60,242 MVR

Yearly Trough Low 45,192 MVR

Transaction Impact: A difference of 11,956.88 MVR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

1.1214

0.9244

JanuMarcMayJulySeptNove

ZAR 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 0.9935, compared to 1.0895 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0960 points.

H1 Avg (Jan–Jun) 0.9935

H2 Avg (Jul–Dec) 1.0895

Volatility Range Comparison

Volatility

The most volatile month in 2016 was May, with a trading range of 0.1116 MVR (High: 1.0766 / Low: 0.9650). On the other end, December was the most stable month, with a tight range of 0.0516 MVR (High: 1.1330 / Low: 1.0814).

May Spread (Volatile) ±0.1116

December Spread (Stable) ±0.0516

Growth Streaks & Declines

Trends

Between January and April, 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 April and May, when the average rate fell by 0.0445 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0445

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2016: 1.0935) against the same month in 2015 (average: 1.0831), the exchange rate shifted by +0.0104 (+0.96%).

2016 Avg (November) 1.0935

2015 Avg (November) 1.0831

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.9916	0.9038	0.9408
February	1.0033	0.9410	0.9683
March	1.0347	0.9650	0.9939
April	1.0755	1.0026	1.0444
May	1.0766	0.9650	0.9999
June	1.0625	0.9765	1.0135
July	1.0959	1.0273	1.0548
August	1.1394	1.0402	1.1034
September	1.1304	1.0442	1.0840
October	1.1247	1.0680	1.0962
November	1.1430	1.0543	1.0935
December	1.1330	1.0814	1.1050