YEARLY HIGH
2.9347 MUR
YEARLY LOW
2.6852 MUR
YEARLY AVERAGE
2.8316 MUR

2014 ZAR to MUR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the ZAR to MUR exchange rate experienced significant fluctuation. The market reached its absolute peak on May 14, valuing the pair at 2.9347. Conversely, the yearly low was recorded on January 29, dropping to 2.6852.

This high-to-low spread represents a total annual volatility of 0.2495 MUR. From a start-to-finish perspective, comparing the January average rate of 2.7921 to the December average rate of 2.7498, the exchange rate registered a net change of -1.52% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 2.9347 was down 18.99% compared to the 2013 peak of 3.6224, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 50,000 ZAR based on timing:

Yearly Peak High 146,733 MUR
2013 Average 160,142 MUR
Yearly Trough Low 134,259 MUR
Transaction Impact: A difference of 12,474.02 MUR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

2.9191
2.7344
JanuMarcMayJulySeptNove

ZAR 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 2.8269, compared to 2.8364 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0095 points.

H1 Avg (Jan–Jun) 2.8269
H2 Avg (Jul–Dec) 2.8364

Volatility Range Comparison

Volatility

The most volatile month in 2014 was January, with a trading range of 0.1940 MUR (High: 2.8791 / Low: 2.6852). On the other end, June was the most stable month, with a tight range of 0.0646 MUR (High: 2.8703 / Low: 2.8057).

January Spread (Volatile) ±0.1940
June Spread (Stable) ±0.0646

Growth Streaks & Declines

Trends

Between February and May, 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 November and December, when the average rate fell by 0.1000 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.1000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2014: 2.9037) against the same month in 2013 (average: 3.3436), the exchange rate shifted by -0.4399 (-13.16%).

2014 Avg (May) 2.9037
2013 Avg (May) 3.3436

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.8791 2.6852 2.7921
February 2.8086 2.6909 2.7574
March 2.8567 2.7645 2.8039
April 2.8973 2.8324 2.8603
May 2.9347 2.8590 2.9037
June 2.8703 2.8057 2.8440
July 2.8979 2.8117 2.8496
August 2.9136 2.8429 2.8805
September 2.9244 2.7869 2.8484
October 2.8895 2.7794 2.8400
November 2.8932 2.7975 2.8498
December 2.8746 2.7037 2.7498