2024 AZN to MUR Historical Review

YEARLY HIGH

28.0873 MUR

YEARLY LOW

24.8643 MUR

YEARLY AVERAGE

27.1705 MUR

2024 AZN to MUR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the AZN to MUR exchange rate experienced significant fluctuation. The market reached its absolute peak on April 15, valuing the pair at 28.0873. Conversely, the yearly low was recorded on March 12, dropping to 24.8643.

This high-to-low spread represents a total annual volatility of 3.2230 MUR. From a start-to-finish perspective, comparing the January average rate of 26.2736 to the December average rate of 27.5537, the exchange rate registered a net change of 4.87% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 28.0873 was up 1.27% compared to the 2023 peak of 27.7353, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 140,436 MUR

2023 Average 132,642 MUR

Yearly Trough Low 124,322 MUR

Transaction Impact: A difference of 16,114.76 MUR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

27.6818

26.1456

JanuMarcMayJulySeptNove

AZN 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 27.0157, compared to 27.3254 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.3097 points.

H1 Avg (Jan–Jun) 27.0157

H2 Avg (Jul–Dec) 27.3254

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 2.4475 MUR (High: 27.3118 / Low: 24.8643). On the other end, May was the most stable month, with a tight range of 0.3529 MUR (High: 27.2765 / Low: 26.9235).

March Spread (Volatile) ±2.4475

May Spread (Stable) ±0.3529

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 0.2400 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.2400

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2024: 27.3207) against the same month in 2023 (average: 26.5542), the exchange rate shifted by +0.7664 (+2.89%).

2024 Avg (April) 27.3207

2023 Avg (April) 26.5542

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	26.9854	25.8941	26.2736
February	27.6471	26.4412	26.9729
March	27.3118	24.8643	26.9962
April	28.0873	27.1235	27.3207
May	27.2765	26.9235	27.1236
June	27.7647	26.9341	27.4074
July	27.7647	27.3529	27.4907
August	27.5000	27.0882	27.2507
September	27.4294	26.8471	27.0561
October	27.4000	26.9824	27.1968
November	27.9000	26.9588	27.4042
December	27.7647	27.3235	27.5537