YEARLY HIGH
47.8728 BIF
YEARLY LOW
42.8621 BIF
YEARLY AVERAGE
45.5153 BIF

2016 MUR to BIF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the MUR to BIF exchange rate experienced significant fluctuation. The market reached its absolute peak on August 28, valuing the pair at 47.8728. Conversely, the yearly low was recorded on January 18, dropping to 42.8621.

This high-to-low spread represents a total annual volatility of 5.0106 BIF. From a start-to-finish perspective, comparing the January average rate of 43.3014 to the December average rate of 46.6245, the exchange rate registered a net change of 7.67% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 47.8728 was down 3.14% compared to the 2015 peak of 49.4254, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 239,364 BIF
2015 Average 223,347 BIF
Yearly Trough Low 214,311 BIF
Transaction Impact: A difference of 25,053.23 BIF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

47.7243
42.8993
JanuMarcMayJulySeptNove

MUR to BIF 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 44.1130, compared to 46.9176 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.8046 points.

H1 Avg (Jan–Jun) 44.1130
H2 Avg (Jul–Dec) 46.9176

Volatility Range Comparison

Volatility

The most volatile month in 2016 was June, with a trading range of 3.9782 BIF (High: 47.5941 / Low: 43.6159). On the other end, July was the most stable month, with a tight range of 0.4752 BIF (High: 47.0874 / Low: 46.6122).

June Spread (Volatile) ±3.9782
July Spread (Stable) ±0.4752

Growth Streaks & Declines

Trends

Between January and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.3295 points.

Longest Streak 7 Mo.
Sharpest MoM Drop -0.3295

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2016: 47.3222) against the same month in 2015 (average: 43.9396), the exchange rate shifted by +3.3826 (+7.70%).

2016 Avg (August) 47.3222
2015 Avg (August) 43.9396

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 43.5425 42.8621 43.3014
February 44.0223 43.3398 43.6399
March 44.3887 43.3180 43.8740
April 44.7036 43.8363 44.2624
May 44.7030 43.8416 44.3323
June 47.5941 43.6159 45.2681
July 47.0874 46.6122 46.8183
August 47.8728 46.4999 47.3222
September 47.4455 46.8658 47.1639
October 47.1321 46.3748 46.8344
November 47.2535 46.3755 46.7423
December 46.9867 46.3293 46.6245