YEARLY HIGH
40.4514 MUR
YEARLY LOW
37.2651 MUR
YEARLY AVERAGE
38.9461 MUR

2017 EUR to MUR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the EUR to MUR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 13, valuing the pair at 40.4514. Conversely, the yearly low was recorded on March 2, dropping to 37.2651.

This high-to-low spread represents a total annual volatility of 3.1863 MUR. From a start-to-finish perspective, comparing the January average rate of 38.1471 to the December average rate of 40.0330, the exchange rate registered a net change of 4.94% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 40.4514 was down 0.16% compared to the 2016 peak of 40.5181, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 202,257 MUR
2016 Average 196,553 MUR
Yearly Trough Low 186,326 MUR
Transaction Impact: A difference of 15,931.48 MUR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

40.2631
37.5010
JanuMarcMayJulySeptNove

EUR 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 38.1867, compared to 39.7054 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.5187 points.

H1 Avg (Jan–Jun) 38.1867
H2 Avg (Jul–Dec) 39.7054

Volatility Range Comparison

Volatility

The most volatile month in 2017 was May, with a trading range of 1.6661 MUR (High: 39.3625 / Low: 37.6964). On the other end, July was the most stable month, with a tight range of 0.5782 MUR (High: 39.7152 / Low: 39.1370).

May Spread (Volatile) ±1.6661
July Spread (Stable) ±0.5782

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 January and February, when the average rate fell by 0.3451 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.3451

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2017: 40.0330) against the same month in 2016 (average: 37.8574), the exchange rate shifted by +2.1755 (+5.75%).

2017 Avg (December) 40.0330
2016 Avg (December) 37.8574

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 38.5622 37.4872 38.1471
February 38.3945 37.4389 37.8020
March 38.2717 37.2651 37.8724
April 38.2912 37.4039 37.7312
May 39.3625 37.6964 38.5620
June 39.4965 38.7095 39.0059
July 39.7152 39.1370 39.3510
August 39.6319 38.7857 39.1568
September 40.1456 39.1566 39.6942
October 40.3731 39.3950 39.9702
November 40.3296 39.6987 40.0274
December 40.4514 39.7080 40.0330