2016 BGN to MUR Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2016.
2016 BGN to MUR Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2016
During 2016, the BGN to MUR exchange rate experienced significant fluctuation. The market reached its absolute peak on May 4, valuing the pair at 20.7077. Conversely, the yearly low was recorded on December 20, dropping to 19.1228.
This high-to-low spread represents a total annual volatility of 1.5849 MUR. From a start-to-finish perspective, comparing the January average rate of 20.0350 to the December average rate of 19.3617, the exchange rate registered a net change of -3.36% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2016 high of 20.7077 was down 0.58% compared to the 2015 peak of 20.8291, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 BGN based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2016.
BGN to MUR Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 20.2737, compared to 19.9272 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.3465 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2016 was November, with a trading range of 1.0501 MUR (High: 20.3799 / Low: 19.3299). On the other end, September was the most stable month, with a tight range of 0.2246 MUR (High: 20.3220 / Low: 20.0974).
Growth Streaks & Declines
TrendsBetween July and September, 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 November and December, when the average rate fell by 0.3778 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (May 2016: 20.3159) against the same month in 2015 (average: 19.9678), the exchange rate shifted by +0.3481 (+1.74%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 20.1839 | 19.7964 | 20.0350 |
| February | 20.5998 | 20.0012 | 20.2945 |
| March | 20.5259 | 19.9814 | 20.2589 |
| April | 20.5182 | 20.1494 | 20.3502 |
| May | 20.7077 | 20.0303 | 20.3159 |
| June | 20.7009 | 20.0662 | 20.3879 |
| July | 20.1867 | 19.8884 | 20.0400 |
| August | 20.2954 | 19.8666 | 20.1224 |
| September | 20.3220 | 20.0974 | 20.2208 |
| October | 20.3401 | 19.8458 | 20.0787 |
| November | 20.3799 | 19.3299 | 19.7395 |
| December | 19.6907 | 19.1228 | 19.3617 |