YEARLY HIGH
31.8405 MUR
YEARLY LOW
27.9284 MUR
YEARLY AVERAGE
30.4742 MUR

2024 AUD to MUR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the AUD to MUR exchange rate experienced significant fluctuation. The market reached its absolute peak on October 2, valuing the pair at 31.8405. Conversely, the yearly low was recorded on March 12, dropping to 27.9284.

This high-to-low spread represents a total annual volatility of 3.9121 MUR. From a start-to-finish perspective, comparing the January average rate of 29.6842 to the December average rate of 29.6259, the exchange rate registered a net change of -0.20% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 31.8405 was down 1.40% compared to the 2023 peak of 32.2931, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 159,203 MUR
2023 Average 149,859 MUR
Yearly Trough Low 139,642 MUR
Transaction Impact: A difference of 19,560.63 MUR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

31.3581
29.4685
JanuMarcMayJulySeptNove

AUD 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 30.2433, compared to 30.7051 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.4618 points.

H1 Avg (Jan–Jun) 30.2433
H2 Avg (Jul–Dec) 30.7051

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 2.5388 MUR (High: 30.4672 / Low: 27.9284). On the other end, May was the most stable month, with a tight range of 0.5124 MUR (High: 30.7927 / Low: 30.2803).

March Spread (Volatile) ±2.5388
May Spread (Stable) ±0.5124

Growth Streaks & Declines

Trends

Between January and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.8007 points.

Longest Streak 6 Mo.
Sharpest MoM Drop -0.8007

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2024: 31.0012) against the same month in 2023 (average: 28.1343), the exchange rate shifted by +2.8669 (+10.19%).

2024 Avg (October) 31.0012
2023 Avg (October) 28.1343

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 30.4116 29.0585 29.6842
February 30.7239 29.3638 29.9277
March 30.4672 27.9284 30.1068
April 30.7574 29.8536 30.2259
May 30.7927 30.2803 30.5680
June 31.5390 30.1385 30.9475
July 31.7413 30.4944 31.2006
August 31.4234 30.1296 30.8270
September 31.7905 30.6382 31.1493
October 31.8405 30.3035 31.0012
November 31.0059 30.0750 30.4266
December 30.3178 28.9026 29.6259