2024 BIF to MUR Historical Review

YEARLY HIGH

0.0167 MUR

YEARLY LOW

0.0148 MUR

YEARLY AVERAGE

0.0160 MUR

2024 BIF to MUR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BIF to MUR exchange rate experienced significant fluctuation. The market reached its absolute peak on April 15, valuing the pair at 0.0167. Conversely, the yearly low was recorded on March 12, dropping to 0.0148.

This high-to-low spread represents a total annual volatility of 0.0019 MUR. From a start-to-finish perspective, comparing the January average rate of 0.0157 to the December average rate of 0.0159, the exchange rate registered a net change of 1.50% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0167 was down 26.75% compared to the 2023 peak of 0.0228, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 83 MUR

2023 Average 91 MUR

Yearly Trough Low 74 MUR

Transaction Impact: A difference of 9.50 MUR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0163

0.0156

JanuMarcMayJulySeptNove

BIF 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 0.0160, compared to 0.0160 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0000 points.

H1 Avg (Jan–Jun) 0.0160

H2 Avg (Jul–Dec) 0.0160

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 0.0015 MUR (High: 0.0163 / Low: 0.0148). On the other end, May was the most stable month, with a tight range of 0.0002 MUR (High: 0.0162 / Low: 0.0159).

March Spread (Volatile) ±0.0015

May Spread (Stable) ±0.0002

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 August and September, when the average rate fell by 0.0002 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2024: 0.0162) against the same month in 2023 (average: 0.0217), the exchange rate shifted by -0.0055 (-25.33%).

2024 Avg (April) 0.0162

2023 Avg (April) 0.0217

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0161	0.0154	0.0157
February	0.0165	0.0157	0.0160
March	0.0163	0.0148	0.0160
April	0.0167	0.0161	0.0162
May	0.0162	0.0159	0.0161
June	0.0164	0.0158	0.0162
July	0.0164	0.0161	0.0162
August	0.0163	0.0160	0.0161
September	0.0162	0.0157	0.0159
October	0.0161	0.0157	0.0159
November	0.0164	0.0157	0.0159
December	0.0161	0.0157	0.0159