YEARLY HIGH
2.6884 MUR
YEARLY LOW
2.1413 MUR
YEARLY AVERAGE
2.4232 MUR

2016 ZAR to MUR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the ZAR to MUR exchange rate experienced significant fluctuation. The market reached its absolute peak on November 8, valuing the pair at 2.6884. Conversely, the yearly low was recorded on January 17, dropping to 2.1413.

This high-to-low spread represents a total annual volatility of 0.5472 MUR. From a start-to-finish perspective, comparing the January average rate of 2.2164 to the December average rate of 2.5922, the exchange rate registered a net change of 16.96% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 2.6884 was down 13.04% compared to the 2015 peak of 3.0916, 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 134,422 MUR
2015 Average 138,120 MUR
Yearly Trough Low 107,063 MUR
Transaction Impact: A difference of 27,358.46 MUR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

2.6298
2.1788
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 2.3086, compared to 2.5378 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2291 points.

H1 Avg (Jan–Jun) 2.3086
H2 Avg (Jul–Dec) 2.5378

Volatility Range Comparison

Volatility

The most volatile month in 2016 was May, with a trading range of 0.2374 MUR (High: 2.4689 / Low: 2.2315). On the other end, December was the most stable month, with a tight range of 0.1101 MUR (High: 2.6574 / Low: 2.5473).

May Spread (Volatile) ±0.2374
December Spread (Stable) ±0.1101

Growth Streaks & Declines

Trends

Between January and April, 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 April and May, when the average rate fell by 0.1034 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.1034

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2016: 2.5604) against the same month in 2015 (average: 2.5494), the exchange rate shifted by +0.0110 (+0.43%).

2016 Avg (November) 2.5604
2015 Avg (November) 2.5494

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.3176 2.1413 2.2164
February 2.3363 2.2163 2.2627
March 2.3879 2.2508 2.3171
April 2.4639 2.3025 2.4032
May 2.4689 2.2315 2.2998
June 2.4505 2.2733 2.3525
July 2.5441 2.3883 2.4595
August 2.6354 2.4017 2.5520
September 2.6118 2.4117 2.5067
October 2.6441 2.4908 2.5557
November 2.6884 2.4736 2.5604
December 2.6574 2.5473 2.5922