YEARLY HIGH
1064.2864 IRR
YEARLY LOW
832.6761 IRR
YEARLY AVERAGE
958.7730 IRR

2017 MUR to IRR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the MUR to IRR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 27, valuing the pair at 1064.2864. Conversely, the yearly low was recorded on January 4, dropping to 832.6761.

This high-to-low spread represents a total annual volatility of 231.6103 IRR. From a start-to-finish perspective, comparing the January average rate of 883.9091 to the December average rate of 1042.7667, the exchange rate registered a net change of 17.97% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 1064.2864 was up 22.84% compared to the 2016 peak of 866.4013, 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 5,321,432 IRR
2016 Average 4,243,714 IRR
Yearly Trough Low 4,163,380 IRR
Transaction Impact: A difference of 1,158,051.30 IRR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

1058.6524
868.0234
JanuMarcMayJulySeptNove

MUR to IRR 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 916.5238, compared to 1001.0222 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 84.4984 points.

H1 Avg (Jan–Jun) 916.5238
H2 Avg (Jul–Dec) 1001.0222

Volatility Range Comparison

Volatility

The most volatile month in 2017 was January, with a trading range of 78.1727 IRR (High: 910.8488 / Low: 832.6761). On the other end, February was the most stable month, with a tight range of 8.8179 IRR (High: 914.8848 / Low: 906.0669).

January Spread (Volatile) ±78.1727
February Spread (Stable) ±8.8179

Growth Streaks & Declines

Trends

Between January and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 2.2732 points.

Longest Streak 8 Mo.
Sharpest MoM Drop -2.2732

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2017: 1042.7667) against the same month in 2016 (average: 836.9168), the exchange rate shifted by +205.8499 (+24.60%).

2017 Avg (December) 1042.7667
2016 Avg (December) 836.9168

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 910.8488 832.6761 883.9091
February 914.8848 906.0669 912.1394
March 923.3813 911.6139 915.8902
April 931.8591 915.4077 921.4885
May 939.3973 921.7101 931.0422
June 941.9934 930.5633 934.6733
July 980.5723 941.1407 955.9246
August 1016.7134 981.9634 991.7791
September 1010.6001 985.3590 999.9596
October 1014.4445 982.8236 997.6864
November 1037.7871 1004.0560 1018.0170
December 1064.2864 1030.0753 1042.7667