YEARLY HIGH
0.4243 ZAR
YEARLY LOW
0.3515 ZAR
YEARLY AVERAGE
0.3859 ZAR

2017 MUR to ZAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the MUR to ZAR exchange rate experienced significant fluctuation. The market reached its absolute peak on November 15, valuing the pair at 0.4243. Conversely, the yearly low was recorded on March 26, dropping to 0.3515.

This high-to-low spread represents a total annual volatility of 0.0728 ZAR. From a start-to-finish perspective, comparing the January average rate of 0.3785 to the December average rate of 0.3872, the exchange rate registered a net change of 2.28% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.4243 was down 9.14% compared to the 2016 peak of 0.4670, 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 2,122 ZAR
2016 Average 2,069 ZAR
Yearly Trough Low 1,758 ZAR
Transaction Impact: A difference of 363.97 ZAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.4183
0.3602
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 0.3746, compared to 0.3971 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0226 points.

H1 Avg (Jan–Jun) 0.3746
H2 Avg (Jul–Dec) 0.3971

Volatility Range Comparison

Volatility

The most volatile month in 2017 was December, with a trading range of 0.0442 ZAR (High: 0.4110 / Low: 0.3668). On the other end, January was the most stable month, with a tight range of 0.0123 ZAR (High: 0.3836 / Low: 0.3713).

December Spread (Volatile) ±0.0442
January Spread (Stable) ±0.0123

Growth Streaks & Declines

Trends

Between June and August, 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 November and December, when the average rate fell by 0.0263 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0263

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2017: 0.4135) against the same month in 2016 (average: 0.3908), the exchange rate shifted by +0.0226 (+5.79%).

2017 Avg (November) 0.4135
2016 Avg (November) 0.3908

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.3836 0.3713 0.3785
February 0.3793 0.3610 0.3709
March 0.3816 0.3515 0.3650
April 0.3944 0.3691 0.3815
May 0.3935 0.3690 0.3803
June 0.3799 0.3633 0.3713
July 0.3950 0.3775 0.3847
August 0.4074 0.3925 0.3997
September 0.4041 0.3865 0.3950
October 0.4207 0.3907 0.4028
November 0.4243 0.4049 0.4135
December 0.4110 0.3668 0.3872