YEARLY HIGH
0.7218 HNL
YEARLY LOW
0.4046 HNL
YEARLY AVERAGE
0.6906 HNL

2019 MUR to HNL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the MUR to HNL exchange rate experienced significant fluctuation. The market reached its absolute peak on February 1, valuing the pair at 0.7218. Conversely, the yearly low was recorded on December 9, dropping to 0.4046.

This high-to-low spread represents a total annual volatility of 0.3172 HNL. From a start-to-finish perspective, comparing the January average rate of 0.7127 to the December average rate of 0.6676, the exchange rate registered a net change of -6.33% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.7218 was down 2.08% compared to the 2018 peak of 0.7371, 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 3,609 HNL
2018 Average 3,515 HNL
Yearly Trough Low 2,023 HNL
Transaction Impact: A difference of 1,586.03 HNL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.7193
0.6629
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 0.7033, compared to 0.6778 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0255 points.

H1 Avg (Jan–Jun) 0.7033
H2 Avg (Jul–Dec) 0.6778

Volatility Range Comparison

Volatility

The most volatile month in 2019 was December, with a trading range of 0.2760 HNL (High: 0.6806 / Low: 0.4046). On the other end, September was the most stable month, with a tight range of 0.0104 HNL (High: 0.6830 / Low: 0.6726).

December Spread (Volatile) ±0.2760
September Spread (Stable) ±0.0104

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2019. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0118 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0118

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2019: 0.7146) against the same month in 2018 (average: 0.7236), the exchange rate shifted by -0.0090 (-1.24%).

2019 Avg (February) 0.7146
2018 Avg (February) 0.7236

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.7175 0.7062 0.7127
February 0.7218 0.7014 0.7146
March 0.7185 0.6967 0.7070
April 0.7108 0.6948 0.7024
May 0.7062 0.6656 0.6906
June 0.7052 0.6817 0.6927
July 0.6914 0.6762 0.6852
August 0.6885 0.6661 0.6813
September 0.6830 0.6726 0.6786
October 0.6829 0.6705 0.6782
November 0.6816 0.6669 0.6760
December 0.6806 0.4046 0.6676