YEARLY HIGH
0.7371 HNL
YEARLY LOW
0.6610 HNL
YEARLY AVERAGE
0.7031 HNL

2018 MUR to HNL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the MUR to HNL exchange rate experienced significant fluctuation. The market reached its absolute peak on February 4, valuing the pair at 0.7371. Conversely, the yearly low was recorded on December 5, dropping to 0.6610.

This high-to-low spread represents a total annual volatility of 0.0761 HNL. From a start-to-finish perspective, comparing the January average rate of 0.7170 to the December average rate of 0.7064, the exchange rate registered a net change of -1.49% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.7371 was up 2.28% compared to the 2017 peak of 0.7207, 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 3,686 HNL
2017 Average 3,404 HNL
Yearly Trough Low 3,305 HNL
Transaction Impact: A difference of 380.72 HNL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.7271
0.6854
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 0.7067, compared to 0.6995 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0073 points.

H1 Avg (Jan–Jun) 0.7067
H2 Avg (Jul–Dec) 0.6995

Volatility Range Comparison

Volatility

The most volatile month in 2018 was December, with a trading range of 0.0551 HNL (High: 0.7161 / Low: 0.6610). On the other end, September was the most stable month, with a tight range of 0.0077 HNL (High: 0.7051 / Low: 0.6973).

December Spread (Volatile) ±0.0551
September Spread (Stable) ±0.0077

Growth Streaks & Declines

Trends

Between 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 0.0139 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0139

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2018: 0.7236) against the same month in 2017 (average: 0.6629), the exchange rate shifted by +0.0608 (+9.17%).

2018 Avg (February) 0.7236
2017 Avg (February) 0.6629

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.7331 0.7038 0.7170
February 0.7371 0.7038 0.7236
March 0.7241 0.7079 0.7146
April 0.7127 0.6938 0.7028
May 0.6944 0.6852 0.6889
June 0.7074 0.6818 0.6936
July 0.7032 0.6900 0.6968
August 0.6999 0.6891 0.6959
September 0.7051 0.6973 0.7001
October 0.7014 0.6883 0.6972
November 0.7067 0.6910 0.7003
December 0.7161 0.6610 0.7064