2019 NZD to MUR Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2019.
2019 NZD to MUR Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2019
During 2019, the NZD to MUR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 24.5503. Conversely, the yearly low was recorded on September 21, dropping to 22.6965.
This high-to-low spread represents a total annual volatility of 1.8538 MUR. From a start-to-finish perspective, comparing the January average rate of 23.2466 to the December average rate of 24.1257, the exchange rate registered a net change of 3.78% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2019 high of 24.5503 was down 1.06% compared to the 2018 peak of 24.8141, 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 2019.
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 23.4188, compared to 23.4563 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0375 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2019 was January, with a trading range of 0.9755 MUR (High: 23.6847 / Low: 22.7092). On the other end, May was the most stable month, with a tight range of 0.4924 MUR (High: 23.3976 / Low: 22.9052).
Growth Streaks & Declines
TrendsBetween September and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.7976 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2019: 24.1257) against the same month in 2018 (average: 23.3773), the exchange rate shifted by +0.7485 (+3.20%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 23.6847 | 22.7092 | 23.2466 |
| February | 24.0377 | 23.1618 | 23.4246 |
| March | 23.9847 | 23.2251 | 23.7047 |
| April | 23.7218 | 23.1113 | 23.4381 |
| May | 23.3976 | 22.9052 | 23.1577 |
| June | 23.9649 | 23.2049 | 23.5411 |
| July | 24.3208 | 23.7176 | 23.9939 |
| August | 23.7560 | 22.7887 | 23.1963 |
| September | 23.2518 | 22.6965 | 22.9894 |
| October | 23.3524 | 22.7699 | 23.0813 |
| November | 23.6812 | 23.0160 | 23.3509 |
| December | 24.5503 | 23.7035 | 24.1257 |