YEARLY HIGH
106.7369 MGA
YEARLY LOW
92.9664 MGA
YEARLY AVERAGE
98.2243 MGA

2018 MUR to MGA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the MUR to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on December 2, valuing the pair at 106.7369. Conversely, the yearly low was recorded on March 8, dropping to 92.9664.

This high-to-low spread represents a total annual volatility of 13.7705 MGA. From a start-to-finish perspective, comparing the January average rate of 98.3929 to the December average rate of 103.3790, the exchange rate registered a net change of 5.07% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 106.7369 was up 9.80% compared to the 2017 peak of 97.2083, 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 533,684 MGA
2017 Average 452,639 MGA
Yearly Trough Low 464,832 MGA
Transaction Impact: A difference of 68,852.30 MGA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

104.7426
93.4833
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 96.3430, compared to 100.1057 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 3.7627 points.

H1 Avg (Jan–Jun) 96.3430
H2 Avg (Jul–Dec) 100.1057

Volatility Range Comparison

Volatility

The most volatile month in 2018 was February, with a trading range of 7.6519 MGA (High: 100.7840 / Low: 93.1321). On the other end, August was the most stable month, with a tight range of 2.2118 MGA (High: 97.1467 / Low: 94.9349).

February Spread (Volatile) ±7.6519
August Spread (Stable) ±2.2118

Growth Streaks & Declines

Trends

Between August and November, 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 1.8923 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -1.8923

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2018: 103.3790) against the same month in 2017 (average: 95.4395), the exchange rate shifted by +7.9395 (+8.32%).

2018 Avg (December) 103.3790
2017 Avg (December) 95.4395

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 99.6466 96.4239 98.3929
February 100.7840 93.1321 97.1723
March 97.8386 92.9664 95.2799
April 97.0617 94.5277 95.4856
May 96.0026 93.6194 94.4215
June 100.4323 95.0235 97.3055
July 98.8253 95.4964 97.1520
August 97.1467 94.9349 95.8759
September 100.1009 97.1363 99.0352
October 103.1442 99.6188 101.3875
November 105.8601 101.2858 103.8044
December 106.7369 101.3100 103.3790