YEARLY HIGH
2.3615 MUR
YEARLY LOW
2.1112 MUR
YEARLY AVERAGE
2.2359 MUR

2017 MVR to MUR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the MVR to MUR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 5, valuing the pair at 2.3615. Conversely, the yearly low was recorded on August 31, dropping to 2.1112.

This high-to-low spread represents a total annual volatility of 0.2503 MUR. From a start-to-finish perspective, comparing the January average rate of 2.3345 to the December average rate of 2.1946, the exchange rate registered a net change of -5.99% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 2.3615 was down 0.41% compared to the 2016 peak of 2.3712, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 MVR based on timing:

Yearly Peak High 11,807 MUR
2016 Average 11,635 MUR
Yearly Trough Low 10,556 MUR
Transaction Impact: A difference of 1,251.64 MUR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

2.3518
2.1438
JanuMarcMayJulySeptNove

MVR to MUR 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 2.2805, compared to 2.1913 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0892 points.

H1 Avg (Jan–Jun) 2.2805
H2 Avg (Jul–Dec) 2.1913

Volatility Range Comparison

Volatility

The most volatile month in 2017 was August, with a trading range of 0.2484 MUR (High: 2.3596 / Low: 2.1112). On the other end, March was the most stable month, with a tight range of 0.0242 MUR (High: 2.2938 / Low: 2.2696).

August Spread (Volatile) ±0.2484
March Spread (Stable) ±0.0242

Growth Streaks & Declines

Trends

Between August and November, 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 July and August, when the average rate fell by 0.0424 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0424

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2017: 2.3345) against the same month in 2016 (average: 2.3560), the exchange rate shifted by -0.0215 (-0.91%).

2017 Avg (January) 2.3345
2016 Avg (January) 2.3560

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.3615 2.3067 2.3345
February 2.3185 2.2797 2.2979
March 2.2938 2.2696 2.2846
April 2.3042 2.2599 2.2807
May 2.2932 2.2273 2.2532
June 2.2478 2.2189 2.2318
July 2.2309 2.1588 2.2036
August 2.3596 2.1112 2.1611
September 2.2051 2.1335 2.1614
October 2.2241 2.1967 2.2078
November 2.2449 2.1883 2.2192
December 2.2177 2.1705 2.1946