YEARLY HIGH
0.3558 MUR
YEARLY LOW
0.3057 MUR
YEARLY AVERAGE
0.3239 MUR

2017 ISK to MUR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the ISK to MUR exchange rate experienced significant fluctuation. The market reached its absolute peak on June 3, valuing the pair at 0.3558. Conversely, the yearly low was recorded on January 30, dropping to 0.3057.

This high-to-low spread represents a total annual volatility of 0.0501 MUR. From a start-to-finish perspective, comparing the January average rate of 0.3141 to the December average rate of 0.3226, the exchange rate registered a net change of 2.72% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.3558 was up 9.26% compared to the 2016 peak of 0.3256, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,779 MUR
2016 Average 1,474 MUR
Yearly Trough Low 1,529 MUR
Transaction Impact: A difference of 250.33 MUR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.3476
0.3098
JanuMarcMayJulySeptNove

ISK 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 0.3267, compared to 0.3210 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0057 points.

H1 Avg (Jan–Jun) 0.3267
H2 Avg (Jul–Dec) 0.3210

Volatility Range Comparison

Volatility

The most volatile month in 2017 was May, with a trading range of 0.0254 MUR (High: 0.3513 / Low: 0.3260). On the other end, October was the most stable month, with a tight range of 0.0091 MUR (High: 0.3270 / Low: 0.3178).

May Spread (Volatile) ±0.0254
October Spread (Stable) ±0.0091

Growth Streaks & Declines

Trends

Between August and November, 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 June and July, when the average rate fell by 0.0172 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0172

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2017: 0.3444) against the same month in 2016 (average: 0.2876), the exchange rate shifted by +0.0568 (+19.75%).

2017 Avg (June) 0.3444
2016 Avg (June) 0.2876

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.3195 0.3057 0.3141
February 0.3323 0.3083 0.3188
March 0.3333 0.3102 0.3243
April 0.3292 0.3090 0.3192
May 0.3513 0.3260 0.3394
June 0.3558 0.3305 0.3444
July 0.3385 0.3184 0.3273
August 0.3172 0.3063 0.3130
September 0.3207 0.3092 0.3133
October 0.3270 0.3178 0.3225
November 0.3320 0.3222 0.3274
December 0.3289 0.3173 0.3226