2016 MUR to GNF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2016.
2016 MUR to GNF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2016
During 2016, the MUR to GNF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 22, valuing the pair at 263.3818. Conversely, the yearly low was recorded on June 5, dropping to 203.9211.
This high-to-low spread represents a total annual volatility of 59.4607 GNF. From a start-to-finish perspective, comparing the January average rate of 214.4969 to the December average rate of 258.2137, the exchange rate registered a net change of 20.38% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2016 high of 263.3818 was up 18.71% compared to the 2015 peak of 221.8756, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 MUR based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2016.
MUR to GNF Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 214.8624, compared to 256.0477 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 41.1852 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2016 was June, with a trading range of 48.8157 GNF (High: 252.7369 / Low: 203.9211). On the other end, April was the most stable month, with a tight range of 2.1148 GNF (High: 216.9521 / Low: 214.8372).
Growth Streaks & Declines
TrendsBetween May and August, 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 April and May, when the average rate fell by 5.6789 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2016: 258.2137) against the same month in 2015 (average: 214.0444), the exchange rate shifted by +44.1693 (+20.64%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 216.7172 | 212.7302 | 214.4969 |
| February | 217.1429 | 211.5409 | 215.3959 |
| March | 215.7608 | 212.2729 | 214.0277 |
| April | 216.9521 | 214.8372 | 216.0317 |
| May | 215.5272 | 206.7390 | 210.3527 |
| June | 252.7369 | 203.9211 | 218.8696 |
| July | 255.0393 | 249.3247 | 252.7810 |
| August | 259.8867 | 251.6308 | 257.5291 |
| September | 259.9685 | 255.2248 | 257.4817 |
| October | 257.4706 | 252.7755 | 255.2458 |
| November | 258.7403 | 251.2061 | 255.0347 |
| December | 263.3818 | 254.5199 | 258.2137 |