YEARLY HIGH
1.5129 MUR
YEARLY LOW
1.3566 MUR
YEARLY AVERAGE
1.4227 MUR

2018 HNL to MUR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the HNL to MUR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 5, valuing the pair at 1.5129. Conversely, the yearly low was recorded on February 4, dropping to 1.3566.

This high-to-low spread represents a total annual volatility of 0.1563 MUR. From a start-to-finish perspective, comparing the January average rate of 1.3948 to the December average rate of 1.4161, the exchange rate registered a net change of 1.53% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 1.5129 was down 4.02% compared to the 2017 peak of 1.5762, 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 7,564 MUR
2017 Average 7,351 MUR
Yearly Trough Low 6,783 MUR
Transaction Impact: A difference of 781.37 MUR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

1.4587
1.3752
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 1.4155, compared to 1.4298 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0143 points.

H1 Avg (Jan–Jun) 1.4155
H2 Avg (Jul–Dec) 1.4298

Volatility Range Comparison

Volatility

The most volatile month in 2018 was December, with a trading range of 0.1164 MUR (High: 1.5129 / Low: 1.3965). On the other end, September was the most stable month, with a tight range of 0.0158 MUR (High: 1.4341 / Low: 1.4183).

December Spread (Volatile) ±0.1164
September Spread (Stable) ±0.0158

Growth Streaks & Declines

Trends

Between February and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0127 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0127

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2018: 1.4161) against the same month in 2017 (average: 1.4303), the exchange rate shifted by -0.0141 (-0.99%).

2018 Avg (December) 1.4161
2017 Avg (December) 1.4303

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.4208 1.3641 1.3948
February 1.4210 1.3566 1.3821
March 1.4126 1.3809 1.3994
April 1.4413 1.4032 1.4230
May 1.4594 1.4400 1.4517
June 1.4667 1.4136 1.4420
July 1.4492 1.4220 1.4351
August 1.4511 1.4287 1.4370
September 1.4341 1.4183 1.4283
October 1.4529 1.4257 1.4343
November 1.4471 1.4150 1.4279
December 1.5129 1.3965 1.4161