YEARLY HIGH
0.1176 MUR
YEARLY LOW
0.0935 MUR
YEARLY AVERAGE
0.0989 MUR

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.

Transfer Payout Power Comparison

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

Yearly Peak High 117,639 MUR
2018 Average 94,176 MUR
Yearly Trough Low 93,500 MUR
Transaction Impact: A difference of 24,139.09 MUR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.1039
0.0935
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 0.0972, 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.

H1 Avg (Jan–Jun) 0.0972
H2 Avg (Jul–Dec) 0.1005

Volatility Range Comparison

Volatility

The 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).

August Spread (Volatile) ±0.0190
October Spread (Stable) ±0.0012

Growth Streaks & Declines

Trends

Between 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.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0033

Same-Month Historical Baseline

YoY Baseline

Comparing 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%).

2019 Avg (August) 0.1006
2018 Avg (August) 0.0956

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