2016 FJD to MUR Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2016.
2016 FJD to MUR Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2016
During 2016, the FJD to MUR exchange rate experienced significant fluctuation. The market reached its absolute peak on November 4, valuing the pair at 17.5883. Conversely, the yearly low was recorded on January 18, dropping to 16.5502.
This high-to-low spread represents a total annual volatility of 1.0381 MUR. From a start-to-finish perspective, comparing the January average rate of 16.7461 to the December average rate of 17.0859, the exchange rate registered a net change of 2.03% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2016 high of 17.5883 was down 2.49% compared to the 2015 peak of 18.0374, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 FJD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2016.
FJD to MUR 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: Jan–Jun) was 16.8734, compared to 17.1900 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.3166 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2016 was November, with a trading range of 0.6822 MUR (High: 17.5883 / Low: 16.9060). On the other end, September was the most stable month, with a tight range of 0.2281 MUR (High: 17.3351 / Low: 17.1070).
Growth Streaks & Declines
TrendsBetween May and July, 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 April and May, when the average rate fell by 0.2381 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (November 2016: 17.2504) against the same month in 2015 (average: 16.7838), the exchange rate shifted by +0.4667 (+2.78%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 17.0341 | 16.5502 | 16.7461 |
| February | 16.9923 | 16.6174 | 16.7457 |
| March | 17.1912 | 16.8403 | 16.9892 |
| April | 17.2241 | 16.8045 | 16.9748 |
| May | 17.0568 | 16.5626 | 16.7367 |
| June | 17.2213 | 16.8363 | 17.0481 |
| July | 17.3210 | 17.0479 | 17.1640 |
| August | 17.2195 | 16.9606 | 17.1293 |
| September | 17.3351 | 17.1070 | 17.2174 |
| October | 17.4309 | 17.0584 | 17.2927 |
| November | 17.5883 | 16.9060 | 17.2504 |
| December | 17.2964 | 16.8236 | 17.0859 |