2016 NZD to MUR Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2016.
2016 NZD to MUR Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2016
During 2016, the NZD to MUR exchange rate experienced significant fluctuation. The market reached its absolute peak on November 8, valuing the pair at 26.3011. Conversely, the yearly low was recorded on January 19, dropping to 23.0542.
This high-to-low spread represents a total annual volatility of 3.2470 MUR. From a start-to-finish perspective, comparing the January average rate of 23.6058 to the December average rate of 25.2460, the exchange rate registered a net change of 6.95% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2016 high of 26.3011 was down 6.58% compared to the 2015 peak of 28.1533, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 NZD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2016.
NZD 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 24.0676, compared to 25.4529 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.3853 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2016 was January, with a trading range of 1.5201 MUR (High: 24.5742 / Low: 23.0542). On the other end, August was the most stable month, with a tight range of 0.6371 MUR (High: 25.7088 / Low: 25.0717).
Growth Streaks & Declines
TrendsBetween May and September, 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 0.3077 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (November 2016: 25.5536) against the same month in 2015 (average: 23.6712), the exchange rate shifted by +1.8824 (+7.95%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 24.5742 | 23.0542 | 23.6058 |
| February | 24.1121 | 23.4217 | 23.7215 |
| March | 24.5447 | 23.5358 | 24.0096 |
| April | 24.7987 | 23.7801 | 24.1836 |
| May | 24.6311 | 23.6007 | 23.9006 |
| June | 25.5545 | 24.1973 | 24.9849 |
| July | 25.8663 | 24.6964 | 25.2802 |
| August | 25.7088 | 25.0717 | 25.3768 |
| September | 26.2673 | 25.5065 | 25.7757 |
| October | 25.8511 | 25.0664 | 25.4853 |
| November | 26.3011 | 24.9570 | 25.5536 |
| December | 25.8559 | 24.7228 | 25.2460 |