YEARLY HIGH
0.2566 NOK
YEARLY LOW
0.2374 NOK
YEARLY AVERAGE
0.2474 NOK

2019 MUR to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the MUR to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 2, valuing the pair at 0.2566. Conversely, the yearly low was recorded on July 3, dropping to 0.2374.

This high-to-low spread represents a total annual volatility of 0.0192 NOK. From a start-to-finish perspective, comparing the January average rate of 0.2495 to the December average rate of 0.2467, the exchange rate registered a net change of -1.11% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.2566 was down 0.26% compared to the 2018 peak of 0.2572, 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 1,283 NOK
2018 Average 1,196 NOK
Yearly Trough Low 1,187 NOK
Transaction Impact: A difference of 96.02 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.2524
0.2386
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 0.2471, compared to 0.2476 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0004 points.

H1 Avg (Jan–Jun) 0.2471
H2 Avg (Jul–Dec) 0.2476

Volatility Range Comparison

Volatility

The most volatile month in 2019 was January, with a trading range of 0.0114 NOK (High: 0.2566 / Low: 0.2452). On the other end, April was the most stable month, with a tight range of 0.0041 NOK (High: 0.2472 / Low: 0.2431).

January Spread (Volatile) ±0.0114
April Spread (Stable) ±0.0041

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 0.0058 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0058

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2019: 0.2495) against the same month in 2018 (average: 0.2399), the exchange rate shifted by +0.0096 (+3.98%).

2019 Avg (January) 0.2495
2018 Avg (January) 0.2399

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2566 0.2452 0.2495
February 0.2529 0.2467 0.2504
March 0.2533 0.2435 0.2480
April 0.2472 0.2431 0.2454
May 0.2514 0.2443 0.2477
June 0.2454 0.2374 0.2419
July 0.2447 0.2374 0.2398
August 0.2527 0.2452 0.2487
September 0.2525 0.2459 0.2486
October 0.2536 0.2490 0.2513
November 0.2525 0.2482 0.2505
December 0.2513 0.2410 0.2467