YEARLY HIGH
0.7207 HNL
YEARLY LOW
0.6344 HNL
YEARLY AVERAGE
0.6806 HNL

2017 MUR to HNL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the MUR to HNL exchange rate experienced significant fluctuation. The market reached its absolute peak on August 30, valuing the pair at 0.7207. Conversely, the yearly low was recorded on January 11, dropping to 0.6344.

This high-to-low spread represents a total annual volatility of 0.0863 HNL. From a start-to-finish perspective, comparing the January average rate of 0.6508 to the December average rate of 0.6992, the exchange rate registered a net change of 7.44% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.7207 was up 9.57% compared to the 2016 peak of 0.6578, 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 3,604 HNL
2016 Average 3,205 HNL
Yearly Trough Low 3,172 HNL
Transaction Impact: A difference of 431.53 HNL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.7101
0.6454
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 0.6650, compared to 0.6962 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0311 points.

H1 Avg (Jan–Jun) 0.6650
H2 Avg (Jul–Dec) 0.6962

Volatility Range Comparison

Volatility

The most volatile month in 2017 was January, with a trading range of 0.0290 HNL (High: 0.6634 / Low: 0.6344). On the other end, June was the most stable month, with a tight range of 0.0091 HNL (High: 0.6783 / Low: 0.6692).

January Spread (Volatile) ±0.0290
June Spread (Stable) ±0.0091

Growth Streaks & Declines

Trends

Between January and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0126 points.

Longest Streak 7 Mo.
Sharpest MoM Drop -0.0126

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2017: 0.7047) against the same month in 2016 (average: 0.6508), the exchange rate shifted by +0.0539 (+8.29%).

2017 Avg (August) 0.7047
2016 Avg (August) 0.6508

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.6634 0.6344 0.6508
February 0.6665 0.6548 0.6629
March 0.6693 0.6535 0.6635
April 0.6757 0.6590 0.6657
May 0.6798 0.6631 0.6728
June 0.6783 0.6692 0.6745
July 0.7020 0.6762 0.6860
August 0.7207 0.6959 0.7047
September 0.7123 0.6900 0.7034
October 0.6960 0.6846 0.6909
November 0.7084 0.6836 0.6928
December 0.7068 0.6894 0.6992