2019 NGN to MUR Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2019.
2019 NGN to MUR Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2019
During 2019, the NGN to MUR exchange rate experienced significant fluctuation. The market reached its absolute peak on August 26, valuing the pair at 0.1176. Conversely, the yearly low was recorded on January 11, dropping to 0.0935.
This high-to-low spread represents a total annual volatility of 0.0241 MUR. From a start-to-finish perspective, comparing the January average rate of 0.0943 to the December average rate of 0.1008, the exchange rate registered a net change of 6.85% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2019 high of 0.1176 was up 20.40% compared to the 2018 peak of 0.0977, indicating shifts in long-term support levels.
Comparing the value generated converting 1,000,000 NGN based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2019.
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)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 0.0972, compared to 0.1005 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0032 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2019 was August, with a trading range of 0.0190 MUR (High: 0.1176 / Low: 0.0987). On the other end, October was the most stable month, with a tight range of 0.0012 MUR (High: 0.1011 / Low: 0.0999).
Growth Streaks & Declines
TrendsBetween January and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.0033 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (August 2019: 0.1006) against the same month in 2018 (average: 0.0956), the exchange rate shifted by +0.0050 (+5.27%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 0.0950 | 0.0935 | 0.0943 |
| February | 0.0969 | 0.0939 | 0.0948 |
| March | 0.0977 | 0.0945 | 0.0963 |
| April | 0.0981 | 0.0958 | 0.0970 |
| May | 0.0995 | 0.0967 | 0.0980 |
| June | 0.1162 | 0.0981 | 0.1030 |
| July | 0.1008 | 0.0987 | 0.0997 |
| August | 0.1176 | 0.0987 | 0.1006 |
| September | 0.1011 | 0.0994 | 0.1003 |
| October | 0.1011 | 0.0999 | 0.1006 |
| November | 0.1018 | 0.1001 | 0.1008 |
| December | 0.1017 | 0.1000 | 0.1008 |