YEARLY HIGH
0.3724 ZAR
YEARLY LOW
0.3408 ZAR
YEARLY AVERAGE
0.3533 ZAR

2014 MUR to ZAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the MUR to ZAR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 29, valuing the pair at 0.3724. Conversely, the yearly low was recorded on May 14, dropping to 0.3408.

This high-to-low spread represents a total annual volatility of 0.0317 ZAR. From a start-to-finish perspective, comparing the January average rate of 0.3583 to the December average rate of 0.3638, the exchange rate registered a net change of 1.54% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.3724 was up 7.08% compared to the 2013 peak of 0.3478, 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 1,862 ZAR
2013 Average 1,567 ZAR
Yearly Trough Low 1,704 ZAR
Transaction Impact: A difference of 158.30 ZAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.3657
0.3425
JanuMarcMayJulySeptNove

MUR to ZAR 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 0.3539, compared to 0.3527 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0012 points.

H1 Avg (Jan–Jun) 0.3539
H2 Avg (Jul–Dec) 0.3527

Volatility Range Comparison

Volatility

The most volatile month in 2014 was January, with a trading range of 0.0251 ZAR (High: 0.3724 / Low: 0.3473). On the other end, April was the most stable month, with a tight range of 0.0079 ZAR (High: 0.3531 / Low: 0.3452).

January Spread (Volatile) ±0.0251
April Spread (Stable) ±0.0079

Growth Streaks & Declines

Trends

Between August and October, 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 March and April, when the average rate fell by 0.0070 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0070

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2014: 0.3583) against the same month in 2013 (average: 0.2865), the exchange rate shifted by +0.0718 (+25.07%).

2014 Avg (January) 0.3583
2013 Avg (January) 0.2865

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.3724 0.3473 0.3583
February 0.3716 0.3561 0.3627
March 0.3617 0.3501 0.3567
April 0.3531 0.3452 0.3496
May 0.3498 0.3408 0.3444
June 0.3564 0.3484 0.3516
July 0.3557 0.3451 0.3510
August 0.3517 0.3432 0.3472
September 0.3588 0.3420 0.3512
October 0.3598 0.3461 0.3522
November 0.3575 0.3456 0.3509
December 0.3699 0.3479 0.3638