YEARLY HIGH
26.0361 MUR
YEARLY LOW
22.9524 MUR
YEARLY AVERAGE
24.5290 MUR

2017 NZD to MUR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the NZD to MUR exchange rate experienced significant fluctuation. The market reached its absolute peak on February 4, valuing the pair at 26.0361. Conversely, the yearly low was recorded on December 3, dropping to 22.9524.

This high-to-low spread represents a total annual volatility of 3.0837 MUR. From a start-to-finish perspective, comparing the January average rate of 25.5520 to the December average rate of 23.5543, the exchange rate registered a net change of -7.82% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 26.0361 was down 1.01% compared to the 2016 peak of 26.3011, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 NZD based on timing:

Yearly Peak High 130,180 MUR
2016 Average 123,810 MUR
Yearly Trough Low 114,762 MUR
Transaction Impact: A difference of 15,418.50 MUR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

25.8614
23.2540
JanuMarcMayJulySeptNove

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)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 24.9765, compared to 24.0815 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.8951 points.

H1 Avg (Jan–Jun) 24.9765
H2 Avg (Jul–Dec) 24.0815

Volatility Range Comparison

Volatility

The most volatile month in 2017 was October, with a trading range of 1.4358 MUR (High: 24.5897 / Low: 23.1539). On the other end, July was the most stable month, with a tight range of 0.4329 MUR (High: 25.2977 / Low: 24.8648).

October Spread (Volatile) ±1.4358
July Spread (Stable) ±0.4329

Growth Streaks & Declines

Trends

Between May and July, 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 0.9313 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.9313

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2017: 25.6441) against the same month in 2016 (average: 23.7215), the exchange rate shifted by +1.9227 (+8.11%).

2017 Avg (February) 25.6441
2016 Avg (February) 23.7215

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 26.0281 24.9016 25.5520
February 26.0361 25.4297 25.6441
March 25.2767 24.4913 24.7964
April 24.9244 23.9100 24.5583
May 24.6933 23.8397 24.2143
June 25.3692 24.5253 25.0941
July 25.2977 24.8648 25.1376
August 24.5708 23.4312 24.2064
September 24.5881 23.6248 24.1550
October 24.5897 23.1539 23.9643
November 23.9664 23.0454 23.4713
December 23.9842 22.9524 23.5543