YEARLY HIGH
1281.4088 IRR
YEARLY LOW
1062.5060 IRR
YEARLY AVERAGE
1194.7302 IRR

2018 MUR to IRR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the MUR to IRR exchange rate experienced significant fluctuation. The market reached its absolute peak on July 24, valuing the pair at 1281.4088. Conversely, the yearly low was recorded on January 1, dropping to 1062.5060.

This high-to-low spread represents a total annual volatility of 218.9028 IRR. From a start-to-finish perspective, comparing the January average rate of 1093.8542 to the December average rate of 1230.0672, the exchange rate registered a net change of 12.45% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 1281.4088 was up 20.40% compared to the 2017 peak of 1064.2864, 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 6,407,044 IRR
2017 Average 4,795,247 IRR
Yearly Trough Low 5,312,530 IRR
Transaction Impact: A difference of 1,094,513.99 IRR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

1273.9828
1077.4788
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 1146.5904, compared to 1242.8699 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 96.2795 points.

H1 Avg (Jan–Jun) 1146.5904
H2 Avg (Jul–Dec) 1242.8699

Volatility Range Comparison

Volatility

The most volatile month in 2018 was May, with a trading range of 142.3885 IRR (High: 1227.0724 / Low: 1084.6838). On the other end, November was the most stable month, with a tight range of 11.1146 IRR (High: 1231.8676 / Low: 1220.7530).

May Spread (Volatile) ±142.3885
November Spread (Stable) ±11.1146

Growth Streaks & Declines

Trends

Between April and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 25.3989 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -25.3989

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2018: 1257.6075) against the same month in 2017 (average: 955.9246), the exchange rate shifted by +301.6829 (+31.56%).

2018 Avg (July) 1257.6075
2017 Avg (July) 955.9246

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1143.6242 1062.5060 1093.8542
February 1154.8965 1111.2365 1136.4268
March 1150.6990 1122.0218 1134.0139
April 1132.5047 1098.2815 1113.6710
May 1227.0724 1084.6838 1175.7064
June 1245.9847 1206.5227 1225.8704
July 1281.4088 1226.1978 1257.6075
August 1276.4873 1236.8434 1255.7528
September 1264.7083 1250.8985 1256.5600
October 1251.1399 1221.3455 1231.1611
November 1231.8676 1220.7530 1226.0708
December 1244.4807 1217.2641 1230.0672