YEARLY HIGH
0.2572 NOK
YEARLY LOW
0.2307 NOK
YEARLY AVERAGE
0.2393 NOK

2018 MUR to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the MUR to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 23, valuing the pair at 0.2572. Conversely, the yearly low was recorded on April 17, dropping to 0.2307.

This high-to-low spread represents a total annual volatility of 0.0266 NOK. From a start-to-finish perspective, comparing the January average rate of 0.2399 to the December average rate of 0.2514, the exchange rate registered a net change of 4.77% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.2572 was up 2.60% compared to the 2017 peak of 0.2507, 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 1,286 NOK
2017 Average 1,198 NOK
Yearly Trough Low 1,153 NOK
Transaction Impact: A difference of 132.84 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.2532
0.2311
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 0.2363, compared to 0.2423 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0060 points.

H1 Avg (Jan–Jun) 0.2363
H2 Avg (Jul–Dec) 0.2423

Volatility Range Comparison

Volatility

The most volatile month in 2018 was December, with a trading range of 0.0113 NOK (High: 0.2572 / Low: 0.2460). On the other end, June was the most stable month, with a tight range of 0.0065 NOK (High: 0.2381 / Low: 0.2316).

December Spread (Volatile) ±0.0113
June Spread (Stable) ±0.0065

Growth Streaks & Declines

Trends

Between April and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0053 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0053

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2018: 0.2514) against the same month in 2017 (average: 0.2459), the exchange rate shifted by +0.0055 (+2.24%).

2018 Avg (December) 0.2514
2017 Avg (December) 0.2459

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2449 0.2378 0.2399
February 0.2435 0.2355 0.2402
March 0.2389 0.2316 0.2349
April 0.2378 0.2307 0.2329
May 0.2400 0.2319 0.2346
June 0.2381 0.2316 0.2350
July 0.2402 0.2323 0.2363
August 0.2442 0.2373 0.2418
September 0.2458 0.2367 0.2404
October 0.2445 0.2363 0.2392
November 0.2492 0.2402 0.2446
December 0.2572 0.2460 0.2514