YEARLY HIGH
0.0233 MUR
YEARLY LOW
0.0209 MUR
YEARLY AVERAGE
0.0220 MUR

2016 BIF to MUR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the BIF to MUR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 18, valuing the pair at 0.0233. Conversely, the yearly low was recorded on August 28, dropping to 0.0209.

This high-to-low spread represents a total annual volatility of 0.0024 MUR. From a start-to-finish perspective, comparing the January average rate of 0.0231 to the December average rate of 0.0214, the exchange rate registered a net change of -7.13% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.0233 was down 1.10% compared to the 2015 peak of 0.0236, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 117 MUR
2015 Average 112 MUR
Yearly Trough Low 104 MUR
Transaction Impact: A difference of 12.21 MUR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.0233
0.0209
JanuMarcMayJulySeptNove

BIF 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 0.0227, compared to 0.0213 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0014 points.

H1 Avg (Jan–Jun) 0.0227
H2 Avg (Jul–Dec) 0.0213

Volatility Range Comparison

Volatility

The most volatile month in 2016 was June, with a trading range of 0.0019 MUR (High: 0.0229 / Low: 0.0210). On the other end, July was the most stable month, with a tight range of 0.0002 MUR (High: 0.0215 / Low: 0.0212).

June Spread (Volatile) ±0.0019
July Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

Between August and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.0008 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0008

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2016: 0.0231) against the same month in 2015 (average: 0.0206), the exchange rate shifted by +0.0025 (+12.14%).

2016 Avg (January) 0.0231
2015 Avg (January) 0.0206

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0233 0.0230 0.0231
February 0.0231 0.0227 0.0229
March 0.0231 0.0225 0.0228
April 0.0228 0.0224 0.0226
May 0.0228 0.0224 0.0226
June 0.0229 0.0210 0.0221
July 0.0215 0.0212 0.0214
August 0.0215 0.0209 0.0211
September 0.0213 0.0211 0.0212
October 0.0216 0.0212 0.0214
November 0.0216 0.0212 0.0214
December 0.0216 0.0213 0.0214