YEARLY HIGH
0.6942 HNL
YEARLY LOW
0.6043 HNL
YEARLY AVERAGE
0.6313 HNL

2020 MUR to HNL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the MUR to HNL exchange rate experienced significant fluctuation. The market reached its absolute peak on January 14, valuing the pair at 0.6942. Conversely, the yearly low was recorded on December 3, dropping to 0.6043.

This high-to-low spread represents a total annual volatility of 0.0900 HNL. From a start-to-finish perspective, comparing the January average rate of 0.6775 to the December average rate of 0.6122, the exchange rate registered a net change of -9.64% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.6942 was down 3.82% compared to the 2019 peak of 0.7218, 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 3,471 HNL
2019 Average 3,452 HNL
Yearly Trough Low 3,021 HNL
Transaction Impact: A difference of 449.79 HNL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.6841
0.6048
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 0.6449, compared to 0.6176 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0272 points.

H1 Avg (Jan–Jun) 0.6449
H2 Avg (Jul–Dec) 0.6176

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0515 HNL (High: 0.6721 / Low: 0.6206). On the other end, October was the most stable month, with a tight range of 0.0091 HNL (High: 0.6202 / Low: 0.6111).

March Spread (Volatile) ±0.0515
October Spread (Stable) ±0.0091

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2020. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0197 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0197

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2020: 0.6775) against the same month in 2019 (average: 0.7127), the exchange rate shifted by -0.0352 (-4.94%).

2020 Avg (January) 0.6775
2019 Avg (January) 0.7127

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.6942 0.6712 0.6775
February 0.6768 0.6547 0.6669
March 0.6721 0.6206 0.6477
April 0.6356 0.6212 0.6280
May 0.6303 0.6190 0.6255
June 0.6285 0.6165 0.6238
July 0.6308 0.6133 0.6227
August 0.6308 0.6163 0.6225
September 0.6252 0.6154 0.6209
October 0.6202 0.6111 0.6161
November 0.6154 0.6050 0.6114
December 0.6157 0.6043 0.6122