YEARLY HIGH
0.2507 NOK
YEARLY LOW
0.2306 NOK
YEARLY AVERAGE
0.2396 NOK

2017 MUR to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the MUR to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on May 9, valuing the pair at 0.2507. Conversely, the yearly low was recorded on February 3, dropping to 0.2306.

This high-to-low spread represents a total annual volatility of 0.0201 NOK. From a start-to-finish perspective, comparing the January average rate of 0.2359 to the December average rate of 0.2459, the exchange rate registered a net change of 4.22% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.2507 was up 1.15% compared to the 2016 peak of 0.2479, 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 1,254 NOK
2016 Average 1,182 NOK
Yearly Trough Low 1,153 NOK
Transaction Impact: A difference of 100.52 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.2470
0.2334
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 0.2403, compared to 0.2389 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0015 points.

H1 Avg (Jan–Jun) 0.2403
H2 Avg (Jul–Dec) 0.2389

Volatility Range Comparison

Volatility

The most volatile month in 2017 was May, with a trading range of 0.0122 NOK (High: 0.2507 / Low: 0.2385). On the other end, June was the most stable month, with a tight range of 0.0035 NOK (High: 0.2457 / Low: 0.2422).

May Spread (Volatile) ±0.0122
June Spread (Stable) ±0.0035

Growth Streaks & Declines

Trends

Between September and December, 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 June and July, when the average rate fell by 0.0045 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0045

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2017: 0.2438) against the same month in 2016 (average: 0.2342), the exchange rate shifted by +0.0097 (+4.12%).

2017 Avg (May) 0.2438
2016 Avg (May) 0.2342

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2405 0.2320 0.2359
February 0.2367 0.2306 0.2345
March 0.2442 0.2372 0.2402
April 0.2465 0.2406 0.2441
May 0.2507 0.2385 0.2438
June 0.2457 0.2422 0.2436
July 0.2435 0.2349 0.2390
August 0.2412 0.2333 0.2381
September 0.2371 0.2328 0.2351
October 0.2418 0.2323 0.2352
November 0.2466 0.2365 0.2401
December 0.2506 0.2434 0.2459