YEARLY HIGH
0.1821 MUR
YEARLY LOW
0.1005 MUR
YEARLY AVERAGE
0.1450 MUR

2016 NGN to MUR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the NGN to MUR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 7, valuing the pair at 0.1821. Conversely, the yearly low was recorded on August 22, dropping to 0.1005.

This high-to-low spread represents a total annual volatility of 0.0816 MUR. From a start-to-finish perspective, comparing the January average rate of 0.1812 to the December average rate of 0.1141, the exchange rate registered a net change of -36.99% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.1821 was down 1.33% compared to the 2015 peak of 0.1846, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 1,000,000 NGN based on timing:

Yearly Peak High 182,108 MUR
2015 Average 177,407 MUR
Yearly Trough Low 100,500 MUR
Transaction Impact: A difference of 81,607.32 MUR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.1884
0.1018
JanuMarcMayJulySeptNove

NGN 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 0.1758, compared to 0.1142 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0617 points.

H1 Avg (Jan–Jun) 0.1758
H2 Avg (Jul–Dec) 0.1142

Volatility Range Comparison

Volatility

The most volatile month in 2016 was June, with a trading range of 0.0543 MUR (High: 0.1791 / Low: 0.1248). On the other end, April was the most stable month, with a tight range of 0.0011 MUR (High: 0.1771 / Low: 0.1759).

June Spread (Volatile) ±0.0543
April Spread (Stable) ±0.0011

Growth Streaks & Declines

Trends

Between August and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.0411 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0411

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2016: 0.1812) against the same month in 2015 (average: 0.1735), the exchange rate shifted by +0.0076 (+4.39%).

2016 Avg (January) 0.1812
2015 Avg (January) 0.1735

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1821 0.1800 0.1812
February 0.1815 0.1784 0.1797
March 0.1808 0.1772 0.1788
April 0.1771 0.1759 0.1764
May 0.1780 0.1760 0.1767
June 0.1791 0.1248 0.1623
July 0.1257 0.1105 0.1212
August 0.1128 0.1005 0.1090
September 0.1135 0.1117 0.1127
October 0.1145 0.1129 0.1137
November 0.1155 0.1128 0.1140
December 0.1177 0.1134 0.1141