YEARLY HIGH
0.8199 ETB
YEARLY LOW
0.6186 ETB
YEARLY AVERAGE
0.6954 ETB

2017 MUR to ETB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the MUR to ETB exchange rate experienced significant fluctuation. The market reached its absolute peak on November 28, valuing the pair at 0.8199. Conversely, the yearly low was recorded on January 5, dropping to 0.6186.

This high-to-low spread represents a total annual volatility of 0.2014 ETB. From a start-to-finish perspective, comparing the January average rate of 0.6289 to the December average rate of 0.8093, the exchange rate registered a net change of 28.68% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.8199 was up 29.17% compared to the 2016 peak of 0.6348, 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 4,100 ETB
2016 Average 3,074 ETB
Yearly Trough Low 3,093 ETB
Transaction Impact: A difference of 1,006.76 ETB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.8273
0.6109
JanuMarcMayJulySeptNove

MUR to ETB 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 0.6472, compared to 0.7437 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0965 points.

H1 Avg (Jan–Jun) 0.6472
H2 Avg (Jul–Dec) 0.7437

Volatility Range Comparison

Volatility

The most volatile month in 2017 was October, with a trading range of 0.1199 ETB (High: 0.8080 / Low: 0.6881). On the other end, June was the most stable month, with a tight range of 0.0128 ETB (High: 0.6727 / Low: 0.6599).

October Spread (Volatile) ±0.1199
June Spread (Stable) ±0.0128

Growth Streaks & Declines

Trends

Between January and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 11 straight months. No significant month-over-month rate declines were detected.

Longest Streak 11 Mo.
Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2017: 0.8013) against the same month in 2016 (average: 0.6239), the exchange rate shifted by +0.1774 (+28.44%).

2017 Avg (November) 0.8013
2016 Avg (November) 0.6239

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.6378 0.6186 0.6289
February 0.6443 0.6302 0.6382
March 0.6493 0.6341 0.6420
April 0.6610 0.6427 0.6491
May 0.6675 0.6521 0.6598
June 0.6727 0.6599 0.6650
July 0.6977 0.6707 0.6810
August 0.7221 0.6960 0.7043
September 0.7137 0.6925 0.7056
October 0.8080 0.6881 0.7607
November 0.8199 0.7869 0.8013
December 0.8190 0.7936 0.8093