YEARLY HIGH
0.2875 VEF
YEARLY LOW
0.1746 VEF
YEARLY AVERAGE
0.2554 VEF

2016 MUR to VEF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the MUR to VEF exchange rate experienced significant fluctuation. The market reached its absolute peak on August 16, valuing the pair at 0.2875. Conversely, the yearly low was recorded on January 31, dropping to 0.1746.

This high-to-low spread represents a total annual volatility of 0.1130 VEF. From a start-to-finish perspective, comparing the January average rate of 0.1752 to the December average rate of 0.2779, the exchange rate registered a net change of 58.60% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.2875 was up 44.36% compared to the 2015 peak of 0.1992, 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 1,438 VEF
2015 Average 901 VEF
Yearly Trough Low 873 VEF
Transaction Impact: A difference of 564.84 VEF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.2950
0.1644
JanuMarcMayJulySeptNove

MUR to VEF 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 0.2298, compared to 0.2810 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0512 points.

H1 Avg (Jan–Jun) 0.2298
H2 Avg (Jul–Dec) 0.2810

Volatility Range Comparison

Volatility

The most volatile month in 2016 was August, with a trading range of 0.0067 VEF (High: 0.2875 / Low: 0.2808). On the other end, April was the most stable month, with a tight range of 0.0016 VEF (High: 0.2848 / Low: 0.2832).

August Spread (Volatile) ±0.0067
April Spread (Stable) ±0.0016

Growth Streaks & Declines

Trends

Between January and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0024 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0024

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2016: 0.2840) against the same month in 2015 (average: 0.1786), the exchange rate shifted by +0.1054 (+59.03%).

2016 Avg (August) 0.2840
2015 Avg (August) 0.1786

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1762 0.1746 0.1752
February 0.1779 0.1749 0.1768
March 0.1793 0.1757 0.1777
April 0.2848 0.2832 0.2841
May 0.2846 0.2814 0.2835
June 0.2825 0.2796 0.2812
July 0.2839 0.2813 0.2820
August 0.2875 0.2808 0.2840
September 0.2836 0.2812 0.2827
October 0.2823 0.2782 0.2803
November 0.2812 0.2772 0.2789
December 0.2790 0.2771 0.2779