YEARLY HIGH
0.1082 MUR
YEARLY LOW
0.0997 MUR
YEARLY AVERAGE
0.1031 MUR

2020 NGN to MUR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the NGN to MUR exchange rate experienced significant fluctuation. The market reached its absolute peak on March 25, valuing the pair at 0.1082. Conversely, the yearly low was recorded on January 1, dropping to 0.0997.

This high-to-low spread represents a total annual volatility of 0.0086 MUR. From a start-to-finish perspective, comparing the January average rate of 0.1010 to the December average rate of 0.1032, the exchange rate registered a net change of 2.17% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.1082 was down 8.00% compared to the 2019 peak of 0.1176, 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 108,233 MUR
2019 Average 98,874 MUR
Yearly Trough Low 99,667 MUR
Transaction Impact: A difference of 8,565.43 MUR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.1048
0.1006
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 0.1026, compared to 0.1037 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0010 points.

H1 Avg (Jan–Jun) 0.1026
H2 Avg (Jul–Dec) 0.1037

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0080 MUR (High: 0.1082 / Low: 0.1003). On the other end, June was the most stable month, with a tight range of 0.0019 MUR (High: 0.1042 / Low: 0.1024).

March Spread (Volatile) ±0.0080
June Spread (Stable) ±0.0019

Growth Streaks & Declines

Trends

Between July and November, 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 November and December, when the average rate fell by 0.0013 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0013

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2020: 0.1037) against the same month in 2019 (average: 0.0963), the exchange rate shifted by +0.0073 (+7.63%).

2020 Avg (March) 0.1037
2019 Avg (March) 0.0963

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1019 0.0997 0.1010
February 0.1036 0.1007 0.1022
March 0.1082 0.1003 0.1037
April 0.1080 0.1008 0.1031
May 0.1039 0.1018 0.1026
June 0.1042 0.1024 0.1032
July 0.1043 0.1019 0.1031
August 0.1048 0.1019 0.1031
September 0.1049 0.1021 0.1037
October 0.1054 0.1030 0.1044
November 0.1057 0.1037 0.1045
December 0.1056 0.1001 0.1032