YEARLY HIGH
0.6578 HNL
YEARLY LOW
0.6176 HNL
YEARLY AVERAGE
0.6409 HNL

2016 MUR to HNL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the MUR to HNL exchange rate experienced significant fluctuation. The market reached its absolute peak on August 16, valuing the pair at 0.6578. Conversely, the yearly low was recorded on January 7, dropping to 0.6176.

This high-to-low spread represents a total annual volatility of 0.0402 HNL. From a start-to-finish perspective, comparing the January average rate of 0.6220 to the December average rate of 0.6491, the exchange rate registered a net change of 4.36% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.6578 was down 1.13% compared to the 2015 peak of 0.6653, 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 3,289 HNL
2015 Average 3,092 HNL
Yearly Trough Low 3,088 HNL
Transaction Impact: A difference of 200.79 HNL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.6536
0.6191
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 0.6356, compared to 0.6461 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0105 points.

H1 Avg (Jan–Jun) 0.6356
H2 Avg (Jul–Dec) 0.6461

Volatility Range Comparison

Volatility

The most volatile month in 2016 was November, with a trading range of 0.0184 HNL (High: 0.6506 / Low: 0.6322). On the other end, April was the most stable month, with a tight range of 0.0044 HNL (High: 0.6448 / Low: 0.6404).

November Spread (Volatile) ±0.0184
April Spread (Stable) ±0.0044

Growth Streaks & Declines

Trends

Between January and April, 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 September and October, when the average rate fell by 0.0052 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0052

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2016: 0.6508) against the same month in 2015 (average: 0.6191), the exchange rate shifted by +0.0317 (+5.11%).

2016 Avg (August) 0.6508
2015 Avg (August) 0.6191

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.6247 0.6176 0.6220
February 0.6361 0.6225 0.6315
March 0.6409 0.6291 0.6353
April 0.6448 0.6404 0.6430
May 0.6446 0.6383 0.6422
June 0.6444 0.6353 0.6400
July 0.6472 0.6407 0.6433
August 0.6578 0.6407 0.6508
September 0.6501 0.6420 0.6475
October 0.6489 0.6334 0.6422
November 0.6506 0.6322 0.6439
December 0.6542 0.6450 0.6491