YEARLY HIGH
0.0217 MUR
YEARLY LOW
0.0186 MUR
YEARLY AVERAGE
0.0200 MUR

2017 BIF to MUR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the BIF to MUR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 4, valuing the pair at 0.0217. Conversely, the yearly low was recorded on August 30, dropping to 0.0186.

This high-to-low spread represents a total annual volatility of 0.0030 MUR. From a start-to-finish perspective, comparing the January average rate of 0.0214 to the December average rate of 0.0192, the exchange rate registered a net change of -10.00% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.0217 was down 7.12% compared to the 2016 peak of 0.0233, 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 108 MUR
2016 Average 110 MUR
Yearly Trough Low 93 MUR
Transaction Impact: A difference of 15.14 MUR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.0216
0.0188
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 0.0208, compared to 0.0193 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) 0.0208
H2 Avg (Jul–Dec) 0.0193

Volatility Range Comparison

Volatility

The most volatile month in 2017 was July, with a trading range of 0.0010 MUR (High: 0.0203 / Low: 0.0193). On the other end, June was the most stable month, with a tight range of 0.0002 MUR (High: 0.0202 / Low: 0.0200).

July Spread (Volatile) ±0.0010
June Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

Between August and November, 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 July and August, when the average rate fell by 0.0007 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0007

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2017: 0.0214) against the same month in 2016 (average: 0.0231), the exchange rate shifted by -0.0017 (-7.52%).

2017 Avg (January) 0.0214
2016 Avg (January) 0.0231

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0217 0.0210 0.0214
February 0.0212 0.0208 0.0210
March 0.0211 0.0206 0.0209
April 0.0209 0.0205 0.0207
May 0.0208 0.0201 0.0205
June 0.0202 0.0200 0.0201
July 0.0203 0.0193 0.0198
August 0.0193 0.0186 0.0191
September 0.0196 0.0188 0.0191
October 0.0195 0.0191 0.0194
November 0.0197 0.0191 0.0194
December 0.0195 0.0191 0.0192