YEARLY HIGH
0.0624 FJD
YEARLY LOW
0.0573 FJD
YEARLY AVERAGE
0.0597 FJD

2017 MUR to FJD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the MUR to FJD exchange rate experienced significant fluctuation. The market reached its absolute peak on August 30, valuing the pair at 0.0624. Conversely, the yearly low was recorded on February 5, dropping to 0.0573.

This high-to-low spread represents a total annual volatility of 0.0051 FJD. From a start-to-finish perspective, comparing the January average rate of 0.0580 to the December average rate of 0.0611, the exchange rate registered a net change of 5.25% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.0624 was up 3.23% compared to the 2016 peak of 0.0604, 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 312 FJD
2016 Average 294 FJD
Yearly Trough Low 287 FJD
Transaction Impact: A difference of 25.30 FJD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.0614
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 0.0589, compared to 0.0605 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0016 points.

H1 Avg (Jan–Jun) 0.0589
H2 Avg (Jul–Dec) 0.0605

Volatility Range Comparison

Volatility

The most volatile month in 2017 was August, with a trading range of 0.0023 FJD (High: 0.0624 / Low: 0.0601). On the other end, February was the most stable month, with a tight range of 0.0011 FJD (High: 0.0585 / Low: 0.0573).

August Spread (Volatile) ±0.0023
February Spread (Stable) ±0.0011

Growth Streaks & Declines

Trends

Between February and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0007 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0007

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2017: 0.0609) against the same month in 2016 (average: 0.0584), the exchange rate shifted by +0.0025 (+4.33%).

2017 Avg (August) 0.0609
2016 Avg (August) 0.0584

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0593 0.0574 0.0580
February 0.0585 0.0573 0.0579
March 0.0593 0.0581 0.0587
April 0.0602 0.0586 0.0592
May 0.0610 0.0594 0.0601
June 0.0603 0.0587 0.0594
July 0.0602 0.0588 0.0595
August 0.0624 0.0601 0.0609
September 0.0614 0.0596 0.0606
October 0.0613 0.0596 0.0602
November 0.0620 0.0598 0.0608
December 0.0620 0.0603 0.0611