2024 BAM to MUR Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 BAM to MUR Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the BAM to MUR exchange rate experienced significant fluctuation. The market reached its absolute peak on August 25, valuing the pair at 26.4596. Conversely, the yearly low was recorded on March 12, dropping to 23.6358.
This high-to-low spread represents a total annual volatility of 2.8237 MUR. From a start-to-finish perspective, comparing the January average rate of 24.9304 to the December average rate of 25.0995, the exchange rate registered a net change of 0.68% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2024 high of 26.4596 was up 0.68% compared to the 2023 peak of 26.2797, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 BAM based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
BAM to MUR Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 25.3953, compared to 25.7213 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.3260 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was March, with a trading range of 2.0899 MUR (High: 25.7257 / Low: 23.6358). On the other end, September was the most stable month, with a tight range of 0.3312 MUR (High: 26.3166 / Low: 25.9854).
Growth Streaks & Declines
TrendsBetween May and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.4327 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (August 2024: 26.0761) against the same month in 2023 (average: 25.3843), the exchange rate shifted by +0.6918 (+2.73%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 25.4798 | 24.6185 | 24.9304 |
| February | 25.8995 | 24.8877 | 25.3165 |
| March | 25.7257 | 23.6358 | 25.5122 |
| April | 26.0323 | 25.3190 | 25.4937 |
| May | 25.6288 | 25.2976 | 25.4789 |
| June | 25.8697 | 25.3264 | 25.6399 |
| July | 26.0669 | 25.6628 | 25.9286 |
| August | 26.4596 | 25.7404 | 26.0761 |
| September | 26.3166 | 25.9854 | 26.1308 |
| October | 26.1803 | 25.2821 | 25.7628 |
| November | 25.6460 | 24.9593 | 25.3301 |
| December | 25.2775 | 24.8823 | 25.0995 |