YEARLY HIGH
0.6933 HNL
YEARLY LOW
0.6282 HNL
YEARLY AVERAGE
0.6648 HNL

2014 MUR to HNL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the MUR to HNL exchange rate experienced significant fluctuation. The market reached its absolute peak on July 11, valuing the pair at 0.6933. Conversely, the yearly low was recorded on May 21, dropping to 0.6282.

This high-to-low spread represents a total annual volatility of 0.0651 HNL. From a start-to-finish perspective, comparing the January average rate of 0.6622 to the December average rate of 0.6673, the exchange rate registered a net change of 0.77% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.6933 was up 1.94% compared to the 2013 peak of 0.6801, 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 3,466 HNL
2013 Average 3,262 HNL
Yearly Trough Low 3,141 HNL
Transaction Impact: A difference of 325.42 HNL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.6954
0.6295
JanuMarcMayJulySeptNove

MUR to HNL 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 0.6524, compared to 0.6772 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0248 points.

H1 Avg (Jan–Jun) 0.6524
H2 Avg (Jul–Dec) 0.6772

Volatility Range Comparison

Volatility

The most volatile month in 2014 was May, with a trading range of 0.0550 HNL (High: 0.6832 / Low: 0.6282). On the other end, August was the most stable month, with a tight range of 0.0068 HNL (High: 0.6865 / Low: 0.6797).

May Spread (Volatile) ±0.0550
August Spread (Stable) ±0.0068

Growth Streaks & Declines

Trends

Between April and July, 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 February and March, when the average rate fell by 0.0112 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0112

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2014: 0.6899) against the same month in 2013 (average: 0.6528), the exchange rate shifted by +0.0371 (+5.69%).

2014 Avg (July) 0.6899
2013 Avg (July) 0.6528

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.6703 0.6548 0.6622
February 0.6595 0.6481 0.6529
March 0.6483 0.6369 0.6417
April 0.6390 0.6314 0.6350
May 0.6832 0.6282 0.6357
June 0.6912 0.6821 0.6869
July 0.6933 0.6855 0.6899
August 0.6865 0.6797 0.6841
September 0.6820 0.6677 0.6747
October 0.6783 0.6681 0.6749
November 0.6770 0.6665 0.6721
December 0.6714 0.6631 0.6673