YEARLY HIGH
0.3256 MUR
YEARLY LOW
0.2746 MUR
YEARLY AVERAGE
0.2949 MUR

2016 ISK to MUR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the ISK to MUR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 7, valuing the pair at 0.3256. Conversely, the yearly low was recorded on February 24, dropping to 0.2746.

This high-to-low spread represents a total annual volatility of 0.0510 MUR. From a start-to-finish perspective, comparing the January average rate of 0.2775 to the December average rate of 0.3191, the exchange rate registered a net change of 14.99% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.3256 was up 14.40% compared to the 2015 peak of 0.2847, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,628 MUR
2015 Average 1,332 MUR
Yearly Trough Low 1,373 MUR
Transaction Impact: A difference of 255.02 MUR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.3233
0.2734
JanuMarcMayJulySeptNove

ISK 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 0.2822, compared to 0.3075 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0253 points.

H1 Avg (Jan–Jun) 0.2822
H2 Avg (Jul–Dec) 0.3075

Volatility Range Comparison

Volatility

The most volatile month in 2016 was December, with a trading range of 0.0120 MUR (High: 0.3256 / Low: 0.3137). On the other end, January was the most stable month, with a tight range of 0.0043 MUR (High: 0.2795 / Low: 0.2752).

December Spread (Volatile) ±0.0120
January Spread (Stable) ±0.0043

Growth Streaks & Declines

Trends

Between January and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 11 straight months. No significant month-over-month rate declines were detected.

Longest Streak 11 Mo.
Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2016: 0.3191) against the same month in 2015 (average: 0.2784), the exchange rate shifted by +0.0408 (+14.65%).

2016 Avg (December) 0.3191
2015 Avg (December) 0.2784

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2795 0.2752 0.2775
February 0.2828 0.2746 0.2793
March 0.2852 0.2771 0.2811
April 0.2858 0.2807 0.2833
May 0.2892 0.2808 0.2845
June 0.2909 0.2834 0.2876
July 0.2957 0.2877 0.2904
August 0.3019 0.2926 0.2975
September 0.3101 0.3031 0.3073
October 0.3174 0.3100 0.3119
November 0.3236 0.3146 0.3187
December 0.3256 0.3137 0.3191