2024 AED to MUR Historical Review

YEARLY HIGH

13.0016 MUR

YEARLY LOW

11.5084 MUR

YEARLY AVERAGE

12.5766 MUR

2024 AED to MUR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the AED to MUR exchange rate experienced significant fluctuation. The market reached its absolute peak on April 15, valuing the pair at 13.0016. Conversely, the yearly low was recorded on March 12, dropping to 11.5084.

This high-to-low spread represents a total annual volatility of 1.4932 MUR. From a start-to-finish perspective, comparing the January average rate of 12.1632 to the December average rate of 12.7529, the exchange rate registered a net change of 4.85% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 13.0016 was up 1.27% compared to the 2023 peak of 12.8380, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 65,008 MUR

2023 Average 61,398 MUR

Yearly Trough Low 57,542 MUR

Transaction Impact: A difference of 7,465.79 MUR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

12.8119

12.1042

JanuMarcMayJulySeptNove

AED 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 12.5060, compared to 12.6472 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1413 points.

H1 Avg (Jan–Jun) 12.5060

H2 Avg (Jul–Dec) 12.6472

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 1.1328 MUR (High: 12.6412 / Low: 11.5084). On the other end, May was the most stable month, with a tight range of 0.1638 MUR (High: 12.6251 / Low: 12.4613).

March Spread (Volatile) ±1.1328

May Spread (Stable) ±0.1638

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 July and August, when the average rate fell by 0.1110 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.1110

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2024: 12.6492) against the same month in 2023 (average: 12.2923), the exchange rate shifted by +0.3569 (+2.90%).

2024 Avg (April) 12.6492

2023 Avg (April) 12.2923

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	12.4898	11.9854	12.1632
February	12.7966	12.2380	12.4842
March	12.6412	11.5084	12.5000
April	13.0016	12.5561	12.6492
May	12.6251	12.4613	12.5539
June	12.8505	12.4661	12.6852
July	12.8505	12.6600	12.7237
August	12.7280	12.5375	12.6127
September	12.6954	12.4258	12.5226
October	12.6818	12.4884	12.5877
November	12.9131	12.4775	12.6837
December	12.8505	12.6463	12.7529