YEARLY HIGH
0.0308 MUR
YEARLY LOW
0.0278 MUR
YEARLY AVERAGE
0.0294 MUR

2017 IQD to MUR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the IQD to MUR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 5, valuing the pair at 0.0308. Conversely, the yearly low was recorded on August 29, dropping to 0.0278.

This high-to-low spread represents a total annual volatility of 0.0030 MUR. From a start-to-finish perspective, comparing the January average rate of 0.0304 to the December average rate of 0.0284, the exchange rate registered a net change of -6.54% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.0308 was down 7.34% compared to the 2016 peak of 0.0332, 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 154 MUR
2016 Average 156 MUR
Yearly Trough Low 139 MUR
Transaction Impact: A difference of 15.07 MUR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.0306
0.0282
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 0.0300, compared to 0.0288 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0012 points.

H1 Avg (Jan–Jun) 0.0300
H2 Avg (Jul–Dec) 0.0288

Volatility Range Comparison

Volatility

The most volatile month in 2017 was September, with a trading range of 0.0012 MUR (High: 0.0291 / Low: 0.0279). On the other end, October was the most stable month, with a tight range of 0.0006 MUR (High: 0.0294 / Low: 0.0289).

September Spread (Volatile) ±0.0012
October Spread (Stable) ±0.0006

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 July and August, when the average rate fell by 0.0008 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0008

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2017: 0.0304) against the same month in 2016 (average: 0.0330), the exchange rate shifted by -0.0026 (-7.99%).

2017 Avg (January) 0.0304
2016 Avg (January) 0.0330

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0308 0.0300 0.0304
February 0.0304 0.0298 0.0301
March 0.0305 0.0298 0.0301
April 0.0305 0.0296 0.0301
May 0.0303 0.0292 0.0298
June 0.0299 0.0293 0.0297
July 0.0296 0.0286 0.0292
August 0.0288 0.0278 0.0284
September 0.0291 0.0279 0.0284
October 0.0294 0.0289 0.0291
November 0.0296 0.0285 0.0292
December 0.0289 0.0281 0.0284