YEARLY HIGH
0.0604 FJD
YEARLY LOW
0.0569 FJD
YEARLY AVERAGE
0.0587 FJD

2016 MUR to FJD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the MUR to FJD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 18, valuing the pair at 0.0604. Conversely, the yearly low was recorded on November 4, dropping to 0.0569.

This high-to-low spread represents a total annual volatility of 0.0036 FJD. From a start-to-finish perspective, comparing the January average rate of 0.0597 to the December average rate of 0.0585, the exchange rate registered a net change of -1.99% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.0604 was down 4.01% compared to the 2015 peak of 0.0629, 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 302 FJD
2015 Average 298 FJD
Yearly Trough Low 284 FJD
Transaction Impact: A difference of 17.83 FJD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.0599
0.0576
JanuMarcMayJulySeptNove

MUR to FJD 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 0.0593, compared to 0.0582 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0011 points.

H1 Avg (Jan–Jun) 0.0593
H2 Avg (Jul–Dec) 0.0582

Volatility Range Comparison

Volatility

The most volatile month in 2016 was November, with a trading range of 0.0023 FJD (High: 0.0592 / Low: 0.0569). On the other end, September was the most stable month, with a tight range of 0.0008 FJD (High: 0.0585 / Low: 0.0577).

November Spread (Volatile) ±0.0023
September Spread (Stable) ±0.0008

Growth Streaks & Declines

Trends

Between March and May, 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 May and June, when the average rate fell by 0.0011 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0011

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2016: 0.0597) against the same month in 2015 (average: 0.0621), the exchange rate shifted by -0.0024 (-3.87%).

2016 Avg (January) 0.0597
2015 Avg (January) 0.0621

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0604 0.0587 0.0597
February 0.0602 0.0589 0.0597
March 0.0594 0.0582 0.0589
April 0.0595 0.0581 0.0589
May 0.0604 0.0586 0.0598
June 0.0594 0.0581 0.0587
July 0.0587 0.0577 0.0583
August 0.0590 0.0581 0.0584
September 0.0585 0.0577 0.0581
October 0.0586 0.0574 0.0578
November 0.0592 0.0569 0.0580
December 0.0594 0.0578 0.0585