YEARLY HIGH
0.0404 SGD
YEARLY LOW
0.0378 SGD
YEARLY AVERAGE
0.0389 SGD

2016 MUR to SGD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the MUR to SGD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 27, valuing the pair at 0.0404. Conversely, the yearly low was recorded on August 1, dropping to 0.0378.

This high-to-low spread represents a total annual volatility of 0.0026 SGD. From a start-to-finish perspective, comparing the January average rate of 0.0397 to the December average rate of 0.0400, the exchange rate registered a net change of 0.70% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.0404 was down 3.80% compared to the 2015 peak of 0.0420, 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 202 SGD
2015 Average 196 SGD
Yearly Trough Low 189 SGD
Transaction Impact: A difference of 12.95 SGD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.0402
0.0379
JanuMarcMayJulySeptNove

MUR to SGD 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 0.0389, compared to 0.0389 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0000 points.

H1 Avg (Jan–Jun) 0.0389
H2 Avg (Jul–Dec) 0.0389

Volatility Range Comparison

Volatility

The most volatile month in 2016 was November, with a trading range of 0.0014 SGD (High: 0.0400 / Low: 0.0386). On the other end, July was the most stable month, with a tight range of 0.0004 SGD (High: 0.0384 / Low: 0.0379).

November Spread (Volatile) ±0.0014
July Spread (Stable) ±0.0004

Growth Streaks & Declines

Trends

Between July and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0008 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0008

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2016: 0.0400) against the same month in 2015 (average: 0.0390), the exchange rate shifted by +0.0010 (+2.45%).

2016 Avg (December) 0.0400
2015 Avg (December) 0.0390

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0401 0.0394 0.0397
February 0.0396 0.0390 0.0393
March 0.0390 0.0381 0.0386
April 0.0388 0.0381 0.0385
May 0.0393 0.0383 0.0390
June 0.0387 0.0378 0.0382
July 0.0384 0.0379 0.0381
August 0.0389 0.0378 0.0384
September 0.0388 0.0382 0.0385
October 0.0391 0.0385 0.0389
November 0.0400 0.0386 0.0395
December 0.0404 0.0395 0.0400