YEARLY HIGH
6.5522 CVE
YEARLY LOW
2.2649 CVE
YEARLY AVERAGE
2.4906 CVE

2020 MUR to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the MUR to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on March 18, valuing the pair at 6.5522. Conversely, the yearly low was recorded on December 3, dropping to 2.2649.

This high-to-low spread represents a total annual volatility of 4.2873 CVE. From a start-to-finish perspective, comparing the January average rate of 2.7239 to the December average rate of 2.2957, the exchange rate registered a net change of -15.72% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 6.5522 was up 128.77% compared to the 2019 peak of 2.8641, 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 32,761 CVE
2019 Average 13,889 CVE
Yearly Trough Low 11,325 CVE
Transaction Impact: A difference of 21,436.27 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

2.7833
2.2513
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 2.6261, compared to 2.3552 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.2709 points.

H1 Avg (Jan–Jun) 2.6261
H2 Avg (Jul–Dec) 2.3552

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 3.9978 CVE (High: 6.5522 / Low: 2.5543). On the other end, January was the most stable month, with a tight range of 0.0305 CVE (High: 2.7340 / Low: 2.7035).

March Spread (Volatile) ±3.9978
January Spread (Stable) ±0.0305

Growth Streaks & Declines

Trends

Between January and March, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.1716 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.1716

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2020: 2.7390) against the same month in 2019 (average: 2.8204), the exchange rate shifted by -0.0814 (-2.89%).

2020 Avg (March) 2.7390
2019 Avg (March) 2.8204

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.7340 2.7035 2.7239
February 2.7550 2.6767 2.7256
March 6.5522 2.5543 2.7390
April 2.6097 2.5403 2.5674
May 2.5686 2.4745 2.5392
June 2.4995 2.4362 2.4615
July 2.5271 2.3487 2.4239
August 2.3783 2.3157 2.3507
September 2.3975 2.3367 2.3585
October 2.3758 2.3242 2.3588
November 2.3703 2.3150 2.3436
December 2.3176 2.2649 2.2957