YEARLY HIGH
0.0332 MUR
YEARLY LOW
0.0297 MUR
YEARLY AVERAGE
0.0312 MUR

2016 IQD to MUR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the IQD to MUR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 31, valuing the pair at 0.0332. Conversely, the yearly low was recorded on May 25, dropping to 0.0297.

This high-to-low spread represents a total annual volatility of 0.0035 MUR. From a start-to-finish perspective, comparing the January average rate of 0.0330 to the December average rate of 0.0306, the exchange rate registered a net change of -7.48% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.0332 was down 1.75% compared to the 2015 peak of 0.0338, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 166 MUR
2015 Average 151 MUR
Yearly Trough Low 149 MUR
Transaction Impact: A difference of 17.63 MUR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.0333
0.0298
JanuMarcMayJulySeptNove

IQD 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 0.0320, compared to 0.0305 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0015 points.

H1 Avg (Jan–Jun) 0.0320
H2 Avg (Jul–Dec) 0.0305

Volatility Range Comparison

Volatility

The most volatile month in 2016 was May, with a trading range of 0.0021 MUR (High: 0.0318 / Low: 0.0297). On the other end, July was the most stable month, with a tight range of 0.0001 MUR (High: 0.0304 / Low: 0.0303).

May Spread (Volatile) ±0.0021
July Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between August and November, 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 April and May, when the average rate fell by 0.0010 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0010

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2016: 0.0330) against the same month in 2015 (average: 0.0276), the exchange rate shifted by +0.0054 (+19.69%).

2016 Avg (January) 0.0330
2015 Avg (January) 0.0276

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0332 0.0326 0.0330
February 0.0332 0.0326 0.0328
March 0.0331 0.0324 0.0327
April 0.0324 0.0316 0.0320
May 0.0318 0.0297 0.0310
June 0.0306 0.0299 0.0303
July 0.0304 0.0303 0.0303
August 0.0304 0.0298 0.0301
September 0.0305 0.0302 0.0303
October 0.0308 0.0304 0.0306
November 0.0310 0.0303 0.0308
December 0.0312 0.0303 0.0306