YEARLY HIGH
0.0451 NZD
YEARLY LOW
0.0403 NZD
YEARLY AVERAGE
0.0425 NZD

2018 MUR to NZD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the MUR to NZD exchange rate experienced significant fluctuation. The market reached its absolute peak on October 7, valuing the pair at 0.0451. Conversely, the yearly low was recorded on April 12, dropping to 0.0403.

This high-to-low spread represents a total annual volatility of 0.0048 NZD. From a start-to-finish perspective, comparing the January average rate of 0.0418 to the December average rate of 0.0428, the exchange rate registered a net change of 2.27% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.0451 was up 3.49% compared to the 2017 peak of 0.0436, 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 225 NZD
2017 Average 204 NZD
Yearly Trough Low 201 NZD
Transaction Impact: A difference of 23.94 NZD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.0447
0.0407
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 0.0417, compared to 0.0434 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0017 points.

H1 Avg (Jan–Jun) 0.0417
H2 Avg (Jul–Dec) 0.0434

Volatility Range Comparison

Volatility

The most volatile month in 2018 was December, with a trading range of 0.0018 NZD (High: 0.0437 / Low: 0.0419). On the other end, July was the most stable month, with a tight range of 0.0009 NZD (High: 0.0432 / Low: 0.0423).

December Spread (Volatile) ±0.0018
July Spread (Stable) ±0.0009

Growth Streaks & Declines

Trends

Between April and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0018 points.

Longest Streak 6 Mo.
Sharpest MoM Drop -0.0018

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2018: 0.0444) against the same month in 2017 (average: 0.0417), the exchange rate shifted by +0.0026 (+6.34%).

2018 Avg (October) 0.0444
2017 Avg (October) 0.0417

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0426 0.0411 0.0418
February 0.0429 0.0414 0.0420
March 0.0422 0.0412 0.0417
April 0.0419 0.0403 0.0410
May 0.0423 0.0411 0.0417
June 0.0427 0.0410 0.0417
July 0.0432 0.0423 0.0428
August 0.0440 0.0429 0.0435
September 0.0446 0.0436 0.0441
October 0.0451 0.0437 0.0444
November 0.0433 0.0419 0.0426
December 0.0437 0.0419 0.0428