YEARLY HIGH
0.4860 ZAR
YEARLY LOW
0.3687 ZAR
YEARLY AVERAGE
0.4196 ZAR

2020 MUR to ZAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the MUR to ZAR exchange rate experienced significant fluctuation. The market reached its absolute peak on April 5, valuing the pair at 0.4860. Conversely, the yearly low was recorded on December 26, dropping to 0.3687.

This high-to-low spread represents a total annual volatility of 0.1173 ZAR. From a start-to-finish perspective, comparing the January average rate of 0.3937 to the December average rate of 0.3755, the exchange rate registered a net change of -4.64% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.4860 was up 13.28% compared to the 2019 peak of 0.4290, 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 2,430 ZAR
2019 Average 2,031 ZAR
Yearly Trough Low 1,844 ZAR
Transaction Impact: A difference of 586.29 ZAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.4789
0.3661
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 0.4309, compared to 0.4083 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0226 points.

H1 Avg (Jan–Jun) 0.4309
H2 Avg (Jul–Dec) 0.4083

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0492 ZAR (High: 0.4582 / Low: 0.4089). On the other end, December was the most stable month, with a tight range of 0.0154 ZAR (High: 0.3842 / Low: 0.3687).

March Spread (Volatile) ±0.0492
December Spread (Stable) ±0.0154

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 May and June, when the average rate fell by 0.0266 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0266

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2020: 0.4695) against the same month in 2019 (average: 0.4051), the exchange rate shifted by +0.0644 (+15.89%).

2020 Avg (April) 0.4695
2019 Avg (April) 0.4051

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.4080 0.3839 0.3937
February 0.4157 0.3986 0.4045
March 0.4582 0.4089 0.4343
April 0.4860 0.4527 0.4695
May 0.4746 0.4350 0.4549
June 0.4357 0.4126 0.4283
July 0.4316 0.4068 0.4196
August 0.4454 0.4170 0.4336
September 0.4304 0.4057 0.4202
October 0.4207 0.4034 0.4121
November 0.4073 0.3793 0.3889
December 0.3842 0.3687 0.3755