2020 MUR to NGN Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2020.
2020 MUR to NGN Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2020
During 2020, the MUR to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 10.0334. Conversely, the yearly low was recorded on March 25, dropping to 9.2394.
This high-to-low spread represents a total annual volatility of 0.7940 NGN. From a start-to-finish perspective, comparing the January average rate of 9.9016 to the December average rate of 9.6931, the exchange rate registered a net change of -2.11% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2020 high of 10.0334 was down 6.19% compared to the 2019 peak of 10.6952, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 MUR based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2020.
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)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 9.7457, compared to 9.6471 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0987 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2020 was March, with a trading range of 0.7339 NGN (High: 9.9732 / Low: 9.2394). On the other end, June was the most stable month, with a tight range of 0.1735 NGN (High: 9.7662 / Low: 9.5926).
Growth Streaks & Declines
TrendsBetween March and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.1313 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2020: 9.9016) against the same month in 2019 (average: 10.6003), the exchange rate shifted by -0.6987 (-6.59%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 10.0334 | 9.8142 | 9.9016 |
| February | 9.9340 | 9.6502 | 9.7817 |
| March | 9.9732 | 9.2394 | 9.6504 |
| April | 9.9212 | 9.2560 | 9.7017 |
| May | 9.8212 | 9.6230 | 9.7468 |
| June | 9.7662 | 9.5926 | 9.6922 |
| July | 9.8149 | 9.5886 | 9.7006 |
| August | 9.8149 | 9.5388 | 9.6985 |
| September | 9.7941 | 9.5363 | 9.6419 |
| October | 9.7085 | 9.4871 | 9.5774 |
| November | 9.6466 | 9.4652 | 9.5709 |
| December | 9.9906 | 9.4712 | 9.6931 |