YEARLY HIGH
3.6413 ISK
YEARLY LOW
3.0710 ISK
YEARLY AVERAGE
3.4001 ISK

2016 MUR to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the MUR to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on February 24, valuing the pair at 3.6413. Conversely, the yearly low was recorded on December 7, dropping to 3.0710.

This high-to-low spread represents a total annual volatility of 0.5704 ISK. From a start-to-finish perspective, comparing the January average rate of 3.6033 to the December average rate of 3.1337, the exchange rate registered a net change of -13.03% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 3.6413 was down 11.65% compared to the 2015 peak of 4.1213, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 18,207 ISK
2015 Average 18,798 ISK
Yearly Trough Low 15,355 ISK
Transaction Impact: A difference of 2,851.78 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

3.6502
3.0868
JanuMarcMayJulySeptNove

MUR to ISK 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 3.5440, compared to 3.2562 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.2878 points.

H1 Avg (Jan–Jun) 3.5440
H2 Avg (Jul–Dec) 3.2562

Volatility Range Comparison

Volatility

The most volatile month in 2016 was December, with a trading range of 0.1173 ISK (High: 3.1883 / Low: 3.0710). On the other end, January was the most stable month, with a tight range of 0.0560 ISK (High: 3.6335 / Low: 3.5775).

December Spread (Volatile) ±0.1173
January Spread (Stable) ±0.0560

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2016. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.1074 points.

Longest Streak 0 Mo.
Sharpest MoM Drop -0.1074

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2016: 3.5809) against the same month in 2015 (average: 3.9822), the exchange rate shifted by -0.4014 (-10.08%).

2016 Avg (February) 3.5809
2015 Avg (February) 3.9822

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 3.6335 3.5775 3.6033
February 3.6413 3.5362 3.5809
March 3.6093 3.5058 3.5575
April 3.5630 3.4990 3.5302
May 3.5611 3.4574 3.5150
June 3.5289 3.4380 3.4771
July 3.4758 3.3819 3.4439
August 3.4172 3.3119 3.3612
September 3.2996 3.2243 3.2538
October 3.2253 3.1508 3.2060
November 3.1784 3.0898 3.1384
December 3.1883 3.0710 3.1337