YEARLY HIGH
2.6146 MUR
YEARLY LOW
2.3309 MUR
YEARLY AVERAGE
2.4634 MUR

2019 ZAR to MUR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the ZAR to MUR exchange rate experienced significant fluctuation. The market reached its absolute peak on July 24, valuing the pair at 2.6146. Conversely, the yearly low was recorded on August 14, dropping to 2.3309.

This high-to-low spread represents a total annual volatility of 0.2837 MUR. From a start-to-finish perspective, comparing the January average rate of 2.4789 to the December average rate of 2.5404, the exchange rate registered a net change of 2.48% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 2.6146 was down 8.66% compared to the 2018 peak of 2.8626, 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 130,731 MUR
2018 Average 129,098 MUR
Yearly Trough Low 116,546 MUR
Transaction Impact: A difference of 14,185.00 MUR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

2.5733
2.3577
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 2.4563, compared to 2.4705 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0142 points.

H1 Avg (Jan–Jun) 2.4563
H2 Avg (Jul–Dec) 2.4705

Volatility Range Comparison

Volatility

The most volatile month in 2019 was January, with a trading range of 0.2335 MUR (High: 2.5808 / Low: 2.3473). On the other end, March was the most stable month, with a tight range of 0.0639 MUR (High: 2.4452 / Low: 2.3814).

January Spread (Volatile) ±0.2335
March Spread (Stable) ±0.0639

Growth Streaks & Declines

Trends

Between August and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.1797 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.1797

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2019: 2.5553) against the same month in 2018 (average: 2.5711), the exchange rate shifted by -0.0158 (-0.61%).

2019 Avg (July) 2.5553
2018 Avg (July) 2.5711

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.5808 2.3473 2.4789
February 2.5607 2.4279 2.4832
March 2.4452 2.3814 2.4100
April 2.5131 2.4246 2.4688
May 2.4760 2.4087 2.4486
June 2.5318 2.3635 2.4486
July 2.6146 2.5151 2.5553
August 2.4793 2.3309 2.3757
September 2.4862 2.3694 2.4391
October 2.4947 2.3843 2.4450
November 2.5159 2.4106 2.4676
December 2.6053 2.4775 2.5404