YEARLY HIGH
16.8928 MUR
YEARLY LOW
15.8934 MUR
YEARLY AVERAGE
16.3388 MUR

2018 FJD to MUR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the FJD to MUR exchange rate experienced significant fluctuation. The market reached its absolute peak on June 17, valuing the pair at 16.8928. Conversely, the yearly low was recorded on October 14, dropping to 15.8934.

This high-to-low spread represents a total annual volatility of 0.9994 MUR. From a start-to-finish perspective, comparing the January average rate of 16.3104 to the December average rate of 16.1827, the exchange rate registered a net change of -0.78% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 16.8928 was down 3.18% compared to the 2017 peak of 17.4469, 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 84,464 MUR
2017 Average 83,764 MUR
Yearly Trough Low 79,467 MUR
Transaction Impact: A difference of 4,996.94 MUR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

16.6782
16.0506
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 16.4145, compared to 16.2631 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1514 points.

H1 Avg (Jan–Jun) 16.4145
H2 Avg (Jul–Dec) 16.2631

Volatility Range Comparison

Volatility

The most volatile month in 2018 was February, with a trading range of 0.6448 MUR (High: 16.5688 / Low: 15.9240). On the other end, September was the most stable month, with a tight range of 0.2621 MUR (High: 16.2742 / Low: 16.0121).

February Spread (Volatile) ±0.6448
September Spread (Stable) ±0.2621

Growth Streaks & Declines

Trends

Between February and June, 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 June and July, when the average rate fell by 0.2194 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.2194

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2018: 16.6259) against the same month in 2017 (average: 16.8466), the exchange rate shifted by -0.2207 (-1.31%).

2018 Avg (June) 16.6259
2017 Avg (June) 16.8466

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 16.5092 16.0967 16.3104
February 16.5688 15.9240 16.1603
March 16.4731 16.0008 16.2880
April 16.6751 16.1769 16.5058
May 16.8879 16.4214 16.5968
June 16.8928 16.3682 16.6259
July 16.5862 16.2027 16.4065
August 16.4933 16.1542 16.3485
September 16.2742 16.0121 16.1689
October 16.2730 15.8934 16.1029
November 16.4951 16.1211 16.3692
December 16.4233 16.0052 16.1827