YEARLY HIGH
0.4290 ZAR
YEARLY LOW
0.3825 ZAR
YEARLY AVERAGE
0.4062 ZAR

2019 MUR to ZAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the MUR to ZAR exchange rate experienced significant fluctuation. The market reached its absolute peak on August 14, valuing the pair at 0.4290. Conversely, the yearly low was recorded on July 24, dropping to 0.3825.

This high-to-low spread represents a total annual volatility of 0.0466 ZAR. From a start-to-finish perspective, comparing the January average rate of 0.4035 to the December average rate of 0.3937, the exchange rate registered a net change of -2.43% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.4290 was down 4.13% compared to the 2018 peak of 0.4475, 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 2,145 ZAR
2018 Average 1,945 ZAR
Yearly Trough Low 1,912 ZAR
Transaction Impact: A difference of 232.75 ZAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.4240
0.3884
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 0.4072, compared to 0.4051 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0021 points.

H1 Avg (Jan–Jun) 0.4072
H2 Avg (Jul–Dec) 0.4051

Volatility Range Comparison

Volatility

The most volatile month in 2019 was January, with a trading range of 0.0385 ZAR (High: 0.4260 / Low: 0.3875). On the other end, March was the most stable month, with a tight range of 0.0110 ZAR (High: 0.4199 / Low: 0.4090).

January Spread (Volatile) ±0.0385
March Spread (Stable) ±0.0110

Growth Streaks & Declines

Trends

Between April and June, 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 June and July, when the average rate fell by 0.0172 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0172

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2019: 0.4210) against the same month in 2018 (average: 0.4073), the exchange rate shifted by +0.0137 (+3.36%).

2019 Avg (August) 0.4210
2018 Avg (August) 0.4073

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.4260 0.3875 0.4035
February 0.4119 0.3905 0.4028
March 0.4199 0.4090 0.4150
April 0.4124 0.3979 0.4051
May 0.4152 0.4039 0.4084
June 0.4231 0.3950 0.4086
July 0.3976 0.3825 0.3914
August 0.4290 0.4033 0.4210
September 0.4221 0.4022 0.4101
October 0.4194 0.4008 0.4091
November 0.4148 0.3975 0.4053
December 0.4036 0.3838 0.3937