YEARLY HIGH
11.2468 NGN
YEARLY LOW
10.2344 NGN
YEARLY AVERAGE
10.6254 NGN

2018 MUR to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the MUR to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on February 16, valuing the pair at 11.2468. Conversely, the yearly low was recorded on June 19, dropping to 10.2344.

This high-to-low spread represents a total annual volatility of 1.0124 NGN. From a start-to-finish perspective, comparing the January average rate of 10.9286 to the December average rate of 10.5966, the exchange rate registered a net change of -3.04% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 11.2468 was up 0.43% compared to the 2017 peak of 11.1981, 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 56,234 NGN
2017 Average 48,462 NGN
Yearly Trough Low 51,172 NGN
Transaction Impact: A difference of 5,062.05 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

11.1158
10.3633
JanuMarcMayJulySeptNove

MUR to NGN 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 10.7365, compared to 10.5144 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.2222 points.

H1 Avg (Jan–Jun) 10.7365
H2 Avg (Jul–Dec) 10.5144

Volatility Range Comparison

Volatility

The most volatile month in 2018 was February, with a trading range of 0.4882 NGN (High: 11.2468 / Low: 10.7586). On the other end, November was the most stable month, with a tight range of 0.1211 NGN (High: 10.5513 / Low: 10.4303).

February Spread (Volatile) ±0.4882
November Spread (Stable) ±0.1211

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2018. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.2472 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.2472

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2018: 11.0531) against the same month in 2017 (average: 8.8748), the exchange rate shifted by +2.1783 (+24.54%).

2018 Avg (February) 11.0531
2017 Avg (February) 8.8748

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 11.1624 10.6916 10.9286
February 11.2468 10.7586 11.0531
March 11.0264 10.7873 10.8918
April 10.8437 10.5501 10.6834
May 10.5737 10.3374 10.4362
June 10.6374 10.2344 10.4260
July 10.6169 10.3497 10.4788
August 10.5554 10.3295 10.4643
September 10.6509 10.4315 10.5400
October 10.5895 10.4069 10.5199
November 10.5513 10.4303 10.4864
December 10.6778 10.5106 10.5966