YEARLY HIGH
17.5883 MUR
YEARLY LOW
16.5502 MUR
YEARLY AVERAGE
17.0317 MUR

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.

Transfer Payout Power Comparison

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

Yearly Peak High 87,941 MUR
2015 Average 84,019 MUR
Yearly Trough Low 82,751 MUR
Transaction Impact: A difference of 5,190.51 MUR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

17.3483
16.6810
JanuMarcMayJulySeptNove

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)

Seasonal

The 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.

H1 Avg (Jan–Jun) 16.8734
H2 Avg (Jul–Dec) 17.1900

Volatility Range Comparison

Volatility

The 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).

November Spread (Volatile) ±0.6822
September Spread (Stable) ±0.2281

Growth Streaks & Declines

Trends

Between 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.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.2381

Same-Month Historical Baseline

YoY Baseline

Comparing 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%).

2016 Avg (November) 17.2504
2015 Avg (November) 16.7838

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