YEARLY HIGH
10.6952 NGN
YEARLY LOW
8.5006 NGN
YEARLY AVERAGE
10.1280 NGN

2019 MUR to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the MUR to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on January 11, valuing the pair at 10.6952. Conversely, the yearly low was recorded on August 26, dropping to 8.5006.

This high-to-low spread represents a total annual volatility of 2.1946 NGN. From a start-to-finish perspective, comparing the January average rate of 10.6003 to the December average rate of 9.9208, the exchange rate registered a net change of -6.41% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 10.6952 was down 4.90% compared to the 2018 peak of 11.2468, 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 53,476 NGN
2018 Average 53,115 NGN
Yearly Trough Low 42,503 NGN
Transaction Impact: A difference of 10,973.06 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

10.6854
9.6636
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 10.3003, compared to 9.9558 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.3445 points.

H1 Avg (Jan–Jun) 10.3003
H2 Avg (Jul–Dec) 9.9558

Volatility Range Comparison

Volatility

The most volatile month in 2019 was August, with a trading range of 1.6340 NGN (High: 10.1346 / Low: 8.5006). On the other end, October was the most stable month, with a tight range of 0.1216 NGN (High: 10.0083 / Low: 9.8867).

August Spread (Volatile) ±1.6340
October Spread (Stable) ±0.1216

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2019. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.4608 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.4608

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2019: 10.6003) against the same month in 2018 (average: 10.9286), the exchange rate shifted by -0.3283 (-3.00%).

2019 Avg (January) 10.6003
2018 Avg (January) 10.9286

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 10.6952 10.5221 10.6003
February 10.6489 10.3179 10.5465
March 10.5862 10.2397 10.3837
April 10.4396 10.1937 10.3128
May 10.3448 10.0549 10.2095
June 10.1897 8.6082 9.7487
July 10.1306 9.9169 10.0299
August 10.1346 8.5006 9.9568
September 10.0554 9.8904 9.9682
October 10.0083 9.8867 9.9380
November 9.9921 9.8236 9.9210
December 9.9956 9.8287 9.9208