YEARLY HIGH
0.4475 ZAR
YEARLY LOW
0.3493 ZAR
YEARLY AVERAGE
0.3889 ZAR

2018 MUR to ZAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the MUR to ZAR exchange rate experienced significant fluctuation. The market reached its absolute peak on September 5, valuing the pair at 0.4475. Conversely, the yearly low was recorded on February 24, dropping to 0.3493.

This high-to-low spread represents a total annual volatility of 0.0981 ZAR. From a start-to-finish perspective, comparing the January average rate of 0.3699 to the December average rate of 0.4160, the exchange rate registered a net change of 12.48% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.4475 was up 5.46% compared to the 2017 peak of 0.4243, 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 2,237 ZAR
2017 Average 1,930 ZAR
Yearly Trough Low 1,747 ZAR
Transaction Impact: A difference of 490.73 ZAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.4361
0.3511
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 0.3663, compared to 0.4115 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0452 points.

H1 Avg (Jan–Jun) 0.3663
H2 Avg (Jul–Dec) 0.4115

Volatility Range Comparison

Volatility

The most volatile month in 2018 was August, with a trading range of 0.0437 ZAR (High: 0.4287 / Low: 0.3849). On the other end, March was the most stable month, with a tight range of 0.0084 ZAR (High: 0.3628 / Low: 0.3544).

August Spread (Volatile) ±0.0437
March Spread (Stable) ±0.0084

Growth Streaks & Declines

Trends

Between March and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0146 points.

Longest Streak 6 Mo.
Sharpest MoM Drop -0.0146

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2018: 0.4290) against the same month in 2017 (average: 0.3950), the exchange rate shifted by +0.0340 (+8.62%).

2018 Avg (September) 0.4290
2017 Avg (September) 0.3950

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.3745 0.3658 0.3699
February 0.3772 0.3493 0.3625
March 0.3628 0.3544 0.3582
April 0.3680 0.3511 0.3593
May 0.3716 0.3554 0.3632
June 0.3985 0.3686 0.3848
July 0.3982 0.3822 0.3890
August 0.4287 0.3849 0.4073
September 0.4475 0.4108 0.4290
October 0.4303 0.4108 0.4211
November 0.4173 0.3959 0.4065
December 0.4293 0.3980 0.4160