YEARLY HIGH
2.9625 CVE
YEARLY LOW
2.7160 CVE
YEARLY AVERAGE
2.8054 CVE

2016 MUR to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the MUR to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on December 20, valuing the pair at 2.9625. Conversely, the yearly low was recorded on May 4, dropping to 2.7160.

This high-to-low spread represents a total annual volatility of 0.2465 CVE. From a start-to-finish perspective, comparing the January average rate of 2.8140 to the December average rate of 2.9118, the exchange rate registered a net change of 3.48% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 2.9625 was down 1.14% compared to the 2015 peak of 2.9966, 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 14,813 CVE
2015 Average 14,150 CVE
Yearly Trough Low 13,580 CVE
Transaction Impact: A difference of 1,232.62 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

2.9262
2.7530
JanuMarcMayJulySeptNove

MUR to CVE 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 2.7816, compared to 2.8292 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0476 points.

H1 Avg (Jan–Jun) 2.7816
H2 Avg (Jul–Dec) 2.8292

Volatility Range Comparison

Volatility

The most volatile month in 2016 was November, with a trading range of 0.1460 CVE (High: 2.9154 / Low: 2.7695). On the other end, September was the most stable month, with a tight range of 0.0382 CVE (High: 2.8087 / Low: 2.7705).

November Spread (Volatile) ±0.1460
September Spread (Stable) ±0.0382

Growth Streaks & Declines

Trends

Between September and December, 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 January and February, when the average rate fell by 0.0335 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0335

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2016: 2.9118) against the same month in 2015 (average: 2.8029), the exchange rate shifted by +0.1088 (+3.88%).

2016 Avg (December) 2.9118
2015 Avg (December) 2.8029

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.8532 2.7880 2.8140
February 2.8224 2.7478 2.7804
March 2.8232 2.7512 2.7880
April 2.7976 2.7481 2.7715
May 2.8114 2.7160 2.7674
June 2.8182 2.7315 2.7682
July 2.8342 2.7930 2.8123
August 2.8386 2.7767 2.8008
September 2.8087 2.7705 2.7874
October 2.8420 2.7673 2.8070
November 2.9154 2.7695 2.8556
December 2.9625 2.8553 2.9118