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2017 MUR to TRY Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2017
During 2017, the MUR to TRY exchange rate experienced significant fluctuation. The market reached its absolute peak on November 28, valuing the pair at 0.1184. Conversely, the yearly low was recorded on January 1, dropping to 0.0979.
This high-to-low spread represents a total annual volatility of 0.0204 TRY. From a start-to-finish perspective, comparing the January average rate of 0.1043 to the December average rate of 0.1136, the exchange rate registered a net change of 8.85% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2017 high of 0.1184 was up 19.98% compared to the 2016 peak of 0.0987, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 MUR based on timing:
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MUR to TRY 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: JanâJun) was 0.1031, compared to 0.1084 in the second half (H2: JulâDec). This shows that the rate was stronger in the second half (JulâDec) by a margin of 0.0053 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2017 was January, with a trading range of 0.0109 TRY (High: 0.1089 / Low: 0.0979). On the other end, June was the most stable month, with a tight range of 0.0022 TRY (High: 0.1025 / Low: 0.1003).
Growth Streaks & Declines
TrendsBetween June and August, 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 August and September, when the average rate fell by 0.0017 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (November 2017: 0.1142) against the same month in 2016 (average: 0.0921), the exchange rate shifted by +0.0221 (+24.03%).
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| Month | High | Low | Average |
|---|---|---|---|
| January | 0.1089 | 0.0979 | 0.1043 |
| February | 0.1063 | 0.1005 | 0.1031 |
| March | 0.1063 | 0.1021 | 0.1037 |
| April | 0.1056 | 0.1020 | 0.1036 |
| May | 0.1047 | 0.1008 | 0.1023 |
| June | 0.1025 | 0.1003 | 0.1013 |
| July | 0.1058 | 0.1021 | 0.1042 |
| August | 0.1074 | 0.1036 | 0.1059 |
| September | 0.1065 | 0.1027 | 0.1042 |
| October | 0.1128 | 0.1047 | 0.1082 |
| November | 0.1184 | 0.1110 | 0.1142 |
| December | 0.1172 | 0.1117 | 0.1136 |