YEARLY HIGH
97.2083 MGA
YEARLY LOW
84.6629 MGA
YEARLY AVERAGE
90.5187 MGA

2017 MUR to MGA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the MUR to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 97.2083. Conversely, the yearly low was recorded on July 6, dropping to 84.6629.

This high-to-low spread represents a total annual volatility of 12.5454 MGA. From a start-to-finish perspective, comparing the January average rate of 91.4621 to the December average rate of 95.4395, the exchange rate registered a net change of 4.35% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 97.2083 was up 3.24% compared to the 2016 peak of 94.1616, 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 486,042 MGA
2016 Average 447,235 MGA
Yearly Trough Low 423,315 MGA
Transaction Impact: A difference of 62,727.01 MGA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

96.3120
85.8427
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 90.1807, compared to 90.8566 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.6760 points.

H1 Avg (Jan–Jun) 90.1807
H2 Avg (Jul–Dec) 90.8566

Volatility Range Comparison

Volatility

The most volatile month in 2017 was March, with a trading range of 6.7072 MGA (High: 93.1284 / Low: 86.4211). On the other end, September was the most stable month, with a tight range of 1.8881 MGA (High: 90.4247 / Low: 88.5366).

March Spread (Volatile) ±6.7072
September Spread (Stable) ±1.8881

Growth Streaks & Declines

Trends

Between July and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 3.4787 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -3.4787

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2017: 95.4395) against the same month in 2016 (average: 92.7930), the exchange rate shifted by +2.6466 (+2.85%).

2017 Avg (December) 95.4395
2016 Avg (December) 92.7930

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 93.8618 89.5437 91.4621
February 90.9423 86.3782 88.7299
March 93.1284 86.4211 90.0108
April 93.7636 89.8177 90.9196
May 92.4787 87.1827 89.7678
June 92.8968 87.5974 90.1938
July 89.1698 84.6629 86.7151
August 91.4413 87.1000 89.5073
September 90.4247 88.5366 89.7019
October 92.3658 89.2502 90.5080
November 96.0556 91.6317 93.2681
December 97.2083 93.4797 95.4395