2016 MUR to KRW Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2016.
2016 MUR to KRW Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2016
During 2016, the MUR to KRW exchange rate experienced significant fluctuation. The market reached its absolute peak on February 24, valuing the pair at 34.7025. Conversely, the yearly low was recorded on September 30, dropping to 31.0228.
This high-to-low spread represents a total annual volatility of 3.6797 KRW. From a start-to-finish perspective, comparing the January average rate of 33.3021 to the December average rate of 32.9568, the exchange rate registered a net change of -1.04% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2016 high of 34.7025 was down 0.39% compared to the 2015 peak of 34.8392, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 MUR based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2016.
MUR to KRW Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 33.2815, compared to 32.0761 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.2054 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2016 was March, with a trading range of 1.8658 KRW (High: 34.3368 / Low: 32.4710). On the other end, April was the most stable month, with a tight range of 0.6707 KRW (High: 32.9652 / Low: 32.2945).
Growth Streaks & Declines
TrendsBetween September and December, 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 February and March, when the average rate fell by 0.8041 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (February 2016: 34.0763) against the same month in 2015 (average: 33.1992), the exchange rate shifted by +0.8770 (+2.64%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 33.6957 | 32.7442 | 33.3021 |
| February | 34.7025 | 33.3079 | 34.0763 |
| March | 34.3368 | 32.4710 | 33.2722 |
| April | 32.9652 | 32.2945 | 32.6838 |
| May | 33.8590 | 32.5228 | 33.3995 |
| June | 33.5509 | 32.4755 | 32.9552 |
| July | 32.8422 | 31.5216 | 32.2224 |
| August | 32.0585 | 31.1983 | 31.6421 |
| September | 31.9199 | 31.0228 | 31.4521 |
| October | 31.9819 | 31.0567 | 31.6447 |
| November | 33.1691 | 31.7311 | 32.5385 |
| December | 33.6399 | 32.3716 | 32.9568 |