2024 AFN to MUR Historical Review

YEARLY HIGH

0.7127 MUR

YEARLY LOW

0.5856 MUR

YEARLY AVERAGE

0.6556 MUR

2024 AFN to MUR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the AFN to MUR exchange rate experienced significant fluctuation. The market reached its absolute peak on October 17, valuing the pair at 0.7127. Conversely, the yearly low was recorded on March 12, dropping to 0.5856.

This high-to-low spread represents a total annual volatility of 0.1271 MUR. From a start-to-finish perspective, comparing the January average rate of 0.6247 to the December average rate of 0.6748, the exchange rate registered a net change of 8.03% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.7127 was up 10.97% compared to the 2023 peak of 0.6422, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,564 MUR

2023 Average 2,744 MUR

Yearly Trough Low 2,928 MUR

Transaction Impact: A difference of 635.66 MUR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.6958

0.6182

JanuMarcMayJulySeptNove

AFN 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 0.6398, compared to 0.6715 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0318 points.

H1 Avg (Jan–Jun) 0.6398

H2 Avg (Jul–Dec) 0.6715

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 0.0667 MUR (High: 0.6523 / Low: 0.5856). On the other end, July was the most stable month, with a tight range of 0.0084 MUR (High: 0.6645 / Low: 0.6561).

March Spread (Volatile) ±0.0667

July Spread (Stable) ±0.0084

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 November and December, when the average rate fell by 0.0135 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0135

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2024: 0.6894) against the same month in 2023 (average: 0.5870), the exchange rate shifted by +0.1024 (+17.44%).

2024 Avg (October) 0.6894

2023 Avg (October) 0.5870

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.6490	0.6047	0.6247
February	0.6428	0.6056	0.6267
March	0.6523	0.5856	0.6360
April	0.6626	0.6408	0.6471
May	0.6544	0.6375	0.6434
June	0.6706	0.6415	0.6606
July	0.6645	0.6561	0.6604
August	0.6638	0.6486	0.6544
September	0.6757	0.6473	0.6618
October	0.7127	0.6718	0.6894
November	0.7079	0.6789	0.6884
December	0.6908	0.6620	0.6748