YEARLY HIGH
1.6192 MUR
YEARLY LOW
1.5203 MUR
YEARLY AVERAGE
1.5606 MUR

2016 HNL to MUR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the HNL to MUR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 7, valuing the pair at 1.6192. Conversely, the yearly low was recorded on August 16, dropping to 1.5203.

This high-to-low spread represents a total annual volatility of 0.0989 MUR. From a start-to-finish perspective, comparing the January average rate of 1.6078 to the December average rate of 1.5406, the exchange rate registered a net change of -4.18% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 1.6192 was down 4.81% compared to the 2015 peak of 1.7010, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 8,096 MUR
2015 Average 8,089 MUR
Yearly Trough Low 7,602 MUR
Transaction Impact: A difference of 494.26 MUR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

1.6149
1.5296
JanuMarcMayJulySeptNove

HNL 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 1.5734, compared to 1.5477 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0257 points.

H1 Avg (Jan–Jun) 1.5734
H2 Avg (Jul–Dec) 1.5477

Volatility Range Comparison

Volatility

The most volatile month in 2016 was November, with a trading range of 0.0448 MUR (High: 1.5818 / Low: 1.5371). On the other end, April was the most stable month, with a tight range of 0.0106 MUR (High: 1.5614 / Low: 1.5508).

November Spread (Volatile) ±0.0448
April Spread (Stable) ±0.0106

Growth Streaks & Declines

Trends

Between April and June, 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 January and February, when the average rate fell by 0.0241 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0241

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2016: 1.6078) against the same month in 2015 (average: 1.5323), the exchange rate shifted by +0.0754 (+4.92%).

2016 Avg (January) 1.6078
2015 Avg (January) 1.5323

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.6192 1.6007 1.6078
February 1.6064 1.5720 1.5837
March 1.5896 1.5602 1.5741
April 1.5614 1.5508 1.5553
May 1.5666 1.5514 1.5571
June 1.5740 1.5518 1.5626
July 1.5607 1.5452 1.5545
August 1.5608 1.5203 1.5367
September 1.5575 1.5383 1.5445
October 1.5787 1.5412 1.5571
November 1.5818 1.5371 1.5531
December 1.5504 1.5285 1.5406