YEARLY HIGH
0.0563 MUR
YEARLY LOW
0.0455 MUR
YEARLY AVERAGE
0.0507 MUR

2024 ARS to MUR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the ARS to MUR exchange rate experienced significant fluctuation. The market reached its absolute peak on February 18, valuing the pair at 0.0563. Conversely, the yearly low was recorded on December 31, dropping to 0.0455.

This high-to-low spread represents a total annual volatility of 0.0108 MUR. From a start-to-finish perspective, comparing the January average rate of 0.0546 to the December average rate of 0.0459, the exchange rate registered a net change of -15.93% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0563 was down 77.31% compared to the 2023 peak of 0.2483, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 282 MUR
2023 Average 863 MUR
Yearly Trough Low 228 MUR
Transaction Impact: A difference of 54.05 MUR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0559
0.0450
JanuMarcMayJulySeptNove

ARS 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 0.0535, compared to 0.0479 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0055 points.

H1 Avg (Jan–Jun) 0.0535
H2 Avg (Jul–Dec) 0.0479

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 0.0045 MUR (High: 0.0544 / Low: 0.0499). On the other end, December was the most stable month, with a tight range of 0.0008 MUR (High: 0.0464 / Low: 0.0455).

March Spread (Volatile) ±0.0045
December Spread (Stable) ±0.0008

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2024. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0015 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0015

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2024: 0.0550) against the same month in 2023 (average: 0.2384), the exchange rate shifted by -0.1835 (-76.94%).

2024 Avg (February) 0.0550
2023 Avg (February) 0.2384

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0557 0.0540 0.0546
February 0.0563 0.0543 0.0550
March 0.0544 0.0499 0.0540
April 0.0550 0.0528 0.0535
May 0.0531 0.0515 0.0521
June 0.0522 0.0504 0.0516
July 0.0517 0.0500 0.0507
August 0.0506 0.0486 0.0493
September 0.0489 0.0471 0.0479
October 0.0479 0.0466 0.0472
November 0.0473 0.0460 0.0466
December 0.0464 0.0455 0.0459