YEARLY HIGH
0.0455 NZD
YEARLY LOW
0.0350 NZD
YEARLY AVERAGE
0.0393 NZD

2020 MUR to NZD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the MUR to NZD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 22, valuing the pair at 0.0455. Conversely, the yearly low was recorded on December 31, dropping to 0.0350.

This high-to-low spread represents a total annual volatility of 0.0105 NZD. From a start-to-finish perspective, comparing the January average rate of 0.0413 to the December average rate of 0.0356, the exchange rate registered a net change of -13.92% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.0455 was up 3.27% compared to the 2019 peak of 0.0441, 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 228 NZD
2019 Average 213 NZD
Yearly Trough Low 175 NZD
Transaction Impact: A difference of 52.35 NZD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.0439
0.0348
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 0.0414, compared to 0.0373 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0041 points.

H1 Avg (Jan–Jun) 0.0414
H2 Avg (Jul–Dec) 0.0373

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0037 NZD (High: 0.0455 / Low: 0.0418). On the other end, December was the most stable month, with a tight range of 0.0009 NZD (High: 0.0359 / Low: 0.0350).

March Spread (Volatile) ±0.0037
December Spread (Stable) ±0.0009

Growth Streaks & Declines

Trends

Between January and March, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0023 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0023

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2020: 0.0431) against the same month in 2019 (average: 0.0422), the exchange rate shifted by +0.0009 (+2.16%).

2020 Avg (March) 0.0431
2019 Avg (March) 0.0422

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0421 0.0407 0.0413
February 0.0426 0.0414 0.0420
March 0.0455 0.0418 0.0431
April 0.0431 0.0406 0.0420
May 0.0423 0.0401 0.0412
June 0.0396 0.0380 0.0388
July 0.0386 0.0373 0.0380
August 0.0386 0.0373 0.0381
September 0.0384 0.0371 0.0377
October 0.0383 0.0372 0.0378
November 0.0379 0.0357 0.0365
December 0.0359 0.0350 0.0356