YEARLY HIGH
94.1616 MGA
YEARLY LOW
82.9688 MGA
YEARLY AVERAGE
89.4505 MGA

2016 MUR to MGA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the MUR to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on December 29, valuing the pair at 94.1616. Conversely, the yearly low was recorded on July 29, dropping to 82.9688.

This high-to-low spread represents a total annual volatility of 11.1928 MGA. From a start-to-finish perspective, comparing the January average rate of 89.0351 to the December average rate of 92.7930, the exchange rate registered a net change of 4.22% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 94.1616 was down 2.28% compared to the 2015 peak of 96.3619, 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 470,808 MGA
2015 Average 441,533 MGA
Yearly Trough Low 414,844 MGA
Transaction Impact: A difference of 55,964.00 MGA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

93.4751
85.2891
JanuMarcMayJulySeptNove

MUR to MGA 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 90.2285, compared to 88.6725 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.5560 points.

H1 Avg (Jan–Jun) 90.2285
H2 Avg (Jul–Dec) 88.6725

Volatility Range Comparison

Volatility

The most volatile month in 2016 was July, with a trading range of 8.0416 MGA (High: 91.0104 / Low: 82.9688). On the other end, April was the most stable month, with a tight range of 0.8238 MGA (High: 91.0334 / Low: 90.2096).

July Spread (Volatile) ±8.0416
April Spread (Stable) ±0.8238

Growth Streaks & Declines

Trends

Between August and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 5.0888 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -5.0888

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2016: 92.7930) against the same month in 2015 (average: 88.9176), the exchange rate shifted by +3.8753 (+4.36%).

2016 Avg (December) 92.7930
2015 Avg (December) 88.9176

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 89.9319 88.4000 89.0351
February 89.7982 88.4925 89.1188
March 91.8578 89.1097 90.1049
April 91.0334 90.2096 90.6936
May 91.9633 89.0488 90.3939
June 92.9837 91.3261 92.0248
July 91.0104 82.9688 86.9360
August 87.3035 83.0888 85.9713
September 87.7206 85.8677 86.4202
October 90.3298 87.7036 89.2827
November 92.5045 87.9810 90.6322
December 94.1616 91.7699 92.7930