YEARLY HIGH
0.0436 NZD
YEARLY LOW
0.0384 NZD
YEARLY AVERAGE
0.0408 NZD

2017 MUR to NZD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the MUR to NZD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 3, valuing the pair at 0.0436. Conversely, the yearly low was recorded on February 4, dropping to 0.0384.

This high-to-low spread represents a total annual volatility of 0.0052 NZD. From a start-to-finish perspective, comparing the January average rate of 0.0391 to the December average rate of 0.0425, the exchange rate registered a net change of 8.48% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.0436 was up 0.44% compared to the 2016 peak of 0.0434, 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 218 NZD
2016 Average 202 NZD
Yearly Trough Low 192 NZD
Transaction Impact: A difference of 25.80 NZD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.0430
0.0386
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 0.0401, compared to 0.0416 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0015 points.

H1 Avg (Jan–Jun) 0.0401
H2 Avg (Jul–Dec) 0.0416

Volatility Range Comparison

Volatility

The most volatile month in 2017 was October, with a trading range of 0.0025 NZD (High: 0.0432 / Low: 0.0407). On the other end, July was the most stable month, with a tight range of 0.0007 NZD (High: 0.0402 / Low: 0.0395).

October Spread (Volatile) ±0.0025
July Spread (Stable) ±0.0007

Growth Streaks & Declines

Trends

Between July and November, 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 May and June, when the average rate fell by 0.0014 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0014

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2017: 0.0425) against the same month in 2016 (average: 0.0396), the exchange rate shifted by +0.0028 (+7.18%).

2017 Avg (December) 0.0425
2016 Avg (December) 0.0396

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0402 0.0384 0.0391
February 0.0393 0.0384 0.0390
March 0.0408 0.0396 0.0403
April 0.0418 0.0401 0.0407
May 0.0419 0.0405 0.0413
June 0.0408 0.0394 0.0399
July 0.0402 0.0395 0.0398
August 0.0427 0.0407 0.0413
September 0.0423 0.0407 0.0414
October 0.0432 0.0407 0.0417
November 0.0434 0.0417 0.0426
December 0.0436 0.0417 0.0425