YEARLY HIGH
2.4715 MUR
YEARLY LOW
1.3854 MUR
YEARLY AVERAGE
1.4499 MUR

2019 HNL to MUR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the HNL to MUR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 9, valuing the pair at 2.4715. Conversely, the yearly low was recorded on February 2, dropping to 1.3854.

This high-to-low spread represents a total annual volatility of 1.0861 MUR. From a start-to-finish perspective, comparing the January average rate of 1.4032 to the December average rate of 1.5106, the exchange rate registered a net change of 7.65% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 2.4715 was up 63.36% compared to the 2018 peak of 1.5129, 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 12,357 MUR
2018 Average 7,115 MUR
Yearly Trough Low 6,927 MUR
Transaction Impact: A difference of 5,430.53 MUR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

1.5217
1.3882
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 1.4222, compared to 1.4775 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0553 points.

H1 Avg (Jan–Jun) 1.4222
H2 Avg (Jul–Dec) 1.4775

Volatility Range Comparison

Volatility

The most volatile month in 2019 was December, with a trading range of 1.0023 MUR (High: 2.4715 / Low: 1.4692). On the other end, January was the most stable month, with a tight range of 0.0223 MUR (High: 1.4161 / Low: 1.3938).

December Spread (Volatile) ±1.0023
January Spread (Stable) ±0.0223

Growth Streaks & Declines

Trends

Between June and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0047 points.

Longest Streak 6 Mo.
Sharpest MoM Drop -0.0047

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2019: 1.5106) against the same month in 2018 (average: 1.4161), the exchange rate shifted by +0.0945 (+6.67%).

2019 Avg (December) 1.5106
2018 Avg (December) 1.4161

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.4161 1.3938 1.4032
February 1.4257 1.3854 1.3994
March 1.4352 1.3919 1.4146
April 1.4392 1.4068 1.4238
May 1.5024 1.4161 1.4484
June 1.4669 1.4180 1.4438
July 1.4788 1.4464 1.4594
August 1.5013 1.4525 1.4678
September 1.4868 1.4641 1.4737
October 1.4914 1.4644 1.4746
November 1.4996 1.4672 1.4792
December 2.4715 1.4692 1.5106