YEARLY HIGH
0.2479 NOK
YEARLY LOW
0.2250 NOK
YEARLY AVERAGE
0.2365 NOK

2016 MUR to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the MUR to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 6, valuing the pair at 0.2479. Conversely, the yearly low was recorded on October 3, dropping to 0.2250.

This high-to-low spread represents a total annual volatility of 0.0228 NOK. From a start-to-finish perspective, comparing the January average rate of 0.2443 to the December average rate of 0.2386, the exchange rate registered a net change of -2.35% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.2479 was up 0.59% compared to the 2015 peak of 0.2464, 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 1,239 NOK
2015 Average 1,149 NOK
Yearly Trough Low 1,125 NOK
Transaction Impact: A difference of 114.07 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.2458
0.2279
JanuMarcMayJulySeptNove

MUR to NOK 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 0.2376, compared to 0.2353 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0023 points.

H1 Avg (Jan–Jun) 0.2376
H2 Avg (Jul–Dec) 0.2353

Volatility Range Comparison

Volatility

The most volatile month in 2016 was November, with a trading range of 0.0132 NOK (High: 0.2410 / Low: 0.2277). On the other end, February was the most stable month, with a tight range of 0.0057 NOK (High: 0.2438 / Low: 0.2381).

November Spread (Volatile) ±0.0132
February Spread (Stable) ±0.0057

Growth Streaks & Declines

Trends

Between October and December, 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 August and September, when the average rate fell by 0.0036 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0036

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2016: 0.2443) against the same month in 2015 (average: 0.2377), the exchange rate shifted by +0.0066 (+2.79%).

2016 Avg (January) 0.2443
2015 Avg (January) 0.2377

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2479 0.2394 0.2443
February 0.2438 0.2381 0.2407
March 0.2409 0.2347 0.2380
April 0.2374 0.2299 0.2344
May 0.2373 0.2290 0.2342
June 0.2401 0.2291 0.2341
July 0.2421 0.2346 0.2392
August 0.2417 0.2331 0.2365
September 0.2370 0.2258 0.2328
October 0.2320 0.2250 0.2294
November 0.2410 0.2277 0.2354
December 0.2424 0.2329 0.2386