YEARLY HIGH
2.8615 CVE
YEARLY LOW
2.6564 CVE
YEARLY AVERAGE
2.7540 CVE

2018 MUR to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the MUR to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on December 16, valuing the pair at 2.8615. Conversely, the yearly low was recorded on April 16, dropping to 2.6564.

This high-to-low spread represents a total annual volatility of 0.2051 CVE. From a start-to-finish perspective, comparing the January average rate of 2.7550 to the December average rate of 2.8285, the exchange rate registered a net change of 2.67% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 2.8615 was down 3.50% compared to the 2017 peak of 2.9654, 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 14,308 CVE
2017 Average 14,208 CVE
Yearly Trough Low 13,282 CVE
Transaction Impact: A difference of 1,025.47 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

2.8436
2.6629
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 2.7239, compared to 2.7841 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0602 points.

H1 Avg (Jan–Jun) 2.7239
H2 Avg (Jul–Dec) 2.7841

Volatility Range Comparison

Volatility

The most volatile month in 2018 was May, with a trading range of 0.0838 CVE (High: 2.7601 / Low: 2.6763). On the other end, September was the most stable month, with a tight range of 0.0347 CVE (High: 2.7788 / Low: 2.7441).

May Spread (Volatile) ±0.0838
September Spread (Stable) ±0.0347

Growth Streaks & Declines

Trends

Between April and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0358 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0358

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2018: 2.8285) against the same month in 2017 (average: 2.7641), the exchange rate shifted by +0.0644 (+2.33%).

2018 Avg (December) 2.8285
2017 Avg (December) 2.7641

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.7823 2.7334 2.7550
February 2.7811 2.7046 2.7484
March 2.7321 2.6947 2.7138
April 2.7087 2.6564 2.6780
May 2.7601 2.6763 2.7064
June 2.7746 2.7084 2.7419
July 2.7694 2.7232 2.7483
August 2.8047 2.7524 2.7760
September 2.7788 2.7441 2.7600
October 2.8319 2.7660 2.7883
November 2.8251 2.7863 2.8036
December 2.8615 2.8092 2.8285