YEARLY HIGH
20.7077 MUR
YEARLY LOW
19.1228 MUR
YEARLY AVERAGE
20.1005 MUR

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.

Transfer Payout Power Comparison

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

Yearly Peak High 103,539 MUR
2015 Average 99,572 MUR
Yearly Trough Low 95,614 MUR
Transaction Impact: A difference of 7,924.67 MUR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

20.4905
19.2590
JanuMarcMayJulySeptNove

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)

Seasonal

The 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.

H1 Avg (Jan–Jun) 20.2737
H2 Avg (Jul–Dec) 19.9272

Volatility Range Comparison

Volatility

The 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).

November Spread (Volatile) ±1.0501
September Spread (Stable) ±0.2246

Growth Streaks & Declines

Trends

Between 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.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.3778

Same-Month Historical Baseline

YoY Baseline

Comparing 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%).

2016 Avg (May) 20.3159
2015 Avg (May) 19.9678

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