YEARLY HIGH
0.1188 MUR
YEARLY LOW
0.0893 MUR
YEARLY AVERAGE
0.1040 MUR

2017 NGN to MUR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the NGN to MUR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 9, valuing the pair at 0.1188. Conversely, the yearly low was recorded on August 5, dropping to 0.0893.

This high-to-low spread represents a total annual volatility of 0.0295 MUR. From a start-to-finish perspective, comparing the January average rate of 0.1146 to the December average rate of 0.0940, the exchange rate registered a net change of -18.01% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.1188 was down 34.78% compared to the 2016 peak of 0.1821, 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 118,779 MUR
2016 Average 144,844 MUR
Yearly Trough Low 89,300 MUR
Transaction Impact: A difference of 29,478.68 MUR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.1168
0.0907
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 0.1118, compared to 0.0962 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0157 points.

H1 Avg (Jan–Jun) 0.1118
H2 Avg (Jul–Dec) 0.0962

Volatility Range Comparison

Volatility

The most volatile month in 2017 was August, with a trading range of 0.0154 MUR (High: 0.1047 / Low: 0.0893). On the other end, October was the most stable month, with a tight range of 0.0015 MUR (High: 0.0956 / Low: 0.0941).

August Spread (Volatile) ±0.0154
October Spread (Stable) ±0.0015

Growth Streaks & Declines

Trends

Between September and November, 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 July and August, when the average rate fell by 0.0149 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0149

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2017: 0.1146) against the same month in 2016 (average: 0.1812), the exchange rate shifted by -0.0665 (-36.73%).

2017 Avg (January) 0.1146
2016 Avg (January) 0.1812

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1188 0.1125 0.1146
February 0.1161 0.1118 0.1127
March 0.1156 0.1112 0.1128
April 0.1148 0.1100 0.1118
May 0.1120 0.1068 0.1100
June 0.1111 0.0987 0.1092
July 0.1122 0.0974 0.1078
August 0.1047 0.0893 0.0930
September 0.0949 0.0911 0.0929
October 0.0956 0.0941 0.0947
November 0.0962 0.0928 0.0948
December 0.0950 0.0930 0.0940