YEARLY HIGH
17.4469 MUR
YEARLY LOW
16.0315 MUR
YEARLY AVERAGE
16.7561 MUR

2017 FJD to MUR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the FJD to MUR exchange rate experienced significant fluctuation. The market reached its absolute peak on February 5, valuing the pair at 17.4469. Conversely, the yearly low was recorded on August 30, dropping to 16.0315.

This high-to-low spread represents a total annual volatility of 1.4154 MUR. From a start-to-finish perspective, comparing the January average rate of 17.2303 to the December average rate of 16.3718, the exchange rate registered a net change of -4.98% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 17.4469 was down 0.80% compared to the 2016 peak of 17.5883, 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 87,235 MUR
2016 Average 85,161 MUR
Yearly Trough Low 80,158 MUR
Transaction Impact: A difference of 7,076.83 MUR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

17.3482
16.2830
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 16.9866, compared to 16.5257 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.4608 points.

H1 Avg (Jan–Jun) 16.9866
H2 Avg (Jul–Dec) 16.5257

Volatility Range Comparison

Volatility

The most volatile month in 2017 was August, with a trading range of 0.6038 MUR (High: 16.6353 / Low: 16.0315). On the other end, February was the most stable month, with a tight range of 0.3386 MUR (High: 17.4469 / Low: 17.1083).

August Spread (Volatile) ±0.6038
February Spread (Stable) ±0.3386

Growth Streaks & Declines

Trends

Between August and October, 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 July and August, when the average rate fell by 0.3771 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.3771

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2017: 17.2594) against the same month in 2016 (average: 16.7457), the exchange rate shifted by +0.5137 (+3.07%).

2017 Avg (February) 17.2594
2016 Avg (February) 16.7457

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 17.4224 16.8689 17.2303
February 17.4469 17.1083 17.2594
March 17.2041 16.8612 17.0467
April 17.0781 16.6165 16.8962
May 16.8255 16.3820 16.6401
June 17.0330 16.5802 16.8466
July 17.0110 16.6033 16.7960
August 16.6353 16.0315 16.4189
September 16.7823 16.2877 16.5150
October 16.7837 16.3223 16.6090
November 16.7251 16.1350 16.4436
December 16.5749 16.1289 16.3718