2018 NZD to MUR Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2018.
2018 NZD to MUR Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2018
During 2018, the NZD to MUR exchange rate experienced significant fluctuation. The market reached its absolute peak on April 12, valuing the pair at 24.8141. Conversely, the yearly low was recorded on October 7, dropping to 22.1788.
This high-to-low spread represents a total annual volatility of 2.6353 MUR. From a start-to-finish perspective, comparing the January average rate of 23.9058 to the December average rate of 23.3773, the exchange rate registered a net change of -2.21% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2018 high of 24.8141 was down 4.69% compared to the 2017 peak of 26.0361, 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 2018.
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 24.0095, compared to 23.0699 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.9396 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2018 was December, with a trading range of 0.9735 MUR (High: 23.8444 / Low: 22.8709). On the other end, July was the most stable month, with a tight range of 0.4721 MUR (High: 23.6295 / Low: 23.1575).
Growth Streaks & Declines
TrendsBetween February and April, 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 June and July, when the average rate fell by 0.6031 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (April 2018: 24.3808) against the same month in 2017 (average: 24.5583), the exchange rate shifted by -0.1776 (-0.72%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 24.3474 | 23.4597 | 23.9058 |
| February | 24.1827 | 23.3352 | 23.8241 |
| March | 24.2697 | 23.6939 | 23.9813 |
| April | 24.8141 | 23.8927 | 24.3808 |
| May | 24.3330 | 23.6412 | 23.9921 |
| June | 24.3607 | 23.4309 | 23.9732 |
| July | 23.6295 | 23.1575 | 23.3701 |
| August | 23.3362 | 22.7266 | 22.9910 |
| September | 22.9145 | 22.3975 | 22.6648 |
| October | 22.8762 | 22.1788 | 22.5329 |
| November | 23.8897 | 23.0700 | 23.4836 |
| December | 23.8444 | 22.8709 | 23.3773 |