YEARLY HIGH
0.0434 NZD
YEARLY LOW
0.0380 NZD
YEARLY AVERAGE
0.0404 NZD

2016 MUR to NZD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the MUR to NZD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 19, valuing the pair at 0.0434. Conversely, the yearly low was recorded on November 8, dropping to 0.0380.

This high-to-low spread represents a total annual volatility of 0.0054 NZD. From a start-to-finish perspective, comparing the January average rate of 0.0424 to the December average rate of 0.0396, the exchange rate registered a net change of -6.50% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.0434 was down 3.67% compared to the 2015 peak of 0.0450, 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 217 NZD
2015 Average 204 NZD
Yearly Trough Low 190 NZD
Transaction Impact: A difference of 26.77 NZD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.0427
0.0384
JanuMarcMayJulySeptNove

MUR to NZD 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 0.0416, compared to 0.0393 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) 0.0416
H2 Avg (Jul–Dec) 0.0393

Volatility Range Comparison

Volatility

The most volatile month in 2016 was January, with a trading range of 0.0027 NZD (High: 0.0434 / Low: 0.0407). On the other end, August was the most stable month, with a tight range of 0.0010 NZD (High: 0.0399 / Low: 0.0389).

January Spread (Volatile) ±0.0027
August Spread (Stable) ±0.0010

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2016. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0018 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0018

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2016: 0.0424) against the same month in 2015 (average: 0.0406), the exchange rate shifted by +0.0018 (+4.36%).

2016 Avg (January) 0.0424
2015 Avg (January) 0.0406

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0434 0.0407 0.0424
February 0.0427 0.0415 0.0422
March 0.0425 0.0407 0.0417
April 0.0421 0.0403 0.0414
May 0.0424 0.0406 0.0418
June 0.0413 0.0391 0.0400
July 0.0405 0.0387 0.0396
August 0.0399 0.0389 0.0394
September 0.0392 0.0381 0.0388
October 0.0399 0.0387 0.0392
November 0.0401 0.0380 0.0391
December 0.0404 0.0387 0.0396