2018 MUR to GNF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2018.
2018 MUR to GNF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2018
During 2018, the MUR to GNF exchange rate experienced significant fluctuation. The market reached its absolute peak on February 4, valuing the pair at 281.0099. Conversely, the yearly low was recorded on June 19, dropping to 256.9260.
This high-to-low spread represents a total annual volatility of 24.0839 GNF. From a start-to-finish perspective, comparing the January average rate of 273.3529 to the December average rate of 266.5035, the exchange rate registered a net change of -2.51% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2018 high of 281.0099 was up 2.19% compared to the 2017 peak of 274.9889, 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 2018.
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 268.7365, compared to 263.5696 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 5.1669 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2018 was February, with a trading range of 12.7895 GNF (High: 281.0099 / Low: 268.2204). On the other end, September was the most stable month, with a tight range of 3.6297 GNF (High: 266.0517 / Low: 262.4220).
Growth Streaks & Declines
TrendsBetween May and July, 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 April and May, when the average rate fell by 6.5450 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (February 2018: 276.1817) against the same month in 2017 (average: 263.9560), the exchange rate shifted by +12.2256 (+4.63%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 279.0799 | 268.0366 | 273.3529 |
| February | 281.0099 | 268.2204 | 276.1817 |
| March | 275.9529 | 269.8474 | 272.4214 |
| April | 271.5151 | 264.4312 | 267.7970 |
| May | 264.1919 | 258.3571 | 261.2521 |
| June | 266.3023 | 256.9260 | 261.4136 |
| July | 265.3243 | 259.8350 | 262.9599 |
| August | 264.1016 | 257.8718 | 262.2437 |
| September | 266.0517 | 262.4220 | 263.9066 |
| October | 265.4841 | 258.9954 | 262.9644 |
| November | 266.0523 | 259.4102 | 262.8395 |
| December | 269.2612 | 264.0995 | 266.5035 |