YEARLY HIGH
2.9654 CVE
YEARLY LOW
2.7418 CVE
YEARLY AVERAGE
2.8422 CVE

2017 MUR to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the MUR to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on March 2, valuing the pair at 2.9654. Conversely, the yearly low was recorded on November 26, dropping to 2.7418.

This high-to-low spread represents a total annual volatility of 0.2236 CVE. From a start-to-finish perspective, comparing the January average rate of 2.8965 to the December average rate of 2.7641, the exchange rate registered a net change of -4.57% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 2.9654 was up 0.10% compared to the 2016 peak of 2.9625, 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 14,827 CVE
2016 Average 14,028 CVE
Yearly Trough Low 13,709 CVE
Transaction Impact: A difference of 1,118.08 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

2.9504
2.7468
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 2.8980, compared to 2.7863 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1116 points.

H1 Avg (Jan–Jun) 2.8980
H2 Avg (Jul–Dec) 2.7863

Volatility Range Comparison

Volatility

The most volatile month in 2017 was May, with a trading range of 0.1209 CVE (High: 2.9384 / Low: 2.8175). On the other end, December was the most stable month, with a tight range of 0.0396 CVE (High: 2.7841 / Low: 2.7445).

May Spread (Volatile) ±0.1209
December Spread (Stable) ±0.0396

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2017. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0620 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0620

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2017: 2.9229) against the same month in 2016 (average: 2.7880), the exchange rate shifted by +0.1349 (+4.84%).

2017 Avg (March) 2.9229
2016 Avg (March) 2.7880

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.9277 2.8745 2.8965
February 2.9509 2.8816 2.9262
March 2.9654 2.8912 2.9229
April 2.9578 2.8899 2.9334
May 2.9384 2.8175 2.8715
June 2.8546 2.8030 2.8374
July 2.8306 2.7860 2.8111
August 2.8529 2.7986 2.8247
September 2.8274 2.7575 2.7874
October 2.7882 2.7430 2.7638
November 2.7844 2.7418 2.7670
December 2.7841 2.7445 2.7641