2024 BMD to MUR Historical Review

YEARLY HIGH

47.7483 MUR

YEARLY LOW

42.2693 MUR

YEARLY AVERAGE

46.1927 MUR

2024 BMD to MUR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BMD to MUR exchange rate experienced significant fluctuation. The market reached its absolute peak on April 15, valuing the pair at 47.7483. Conversely, the yearly low was recorded on March 12, dropping to 42.2693.

This high-to-low spread represents a total annual volatility of 5.4790 MUR. From a start-to-finish perspective, comparing the January average rate of 44.6742 to the December average rate of 46.8414, the exchange rate registered a net change of 4.85% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 47.7483 was up 1.27% compared to the 2023 peak of 47.1500, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 238,742 MUR

2023 Average 225,504 MUR

Yearly Trough Low 211,347 MUR

Transaction Impact: A difference of 27,395.10 MUR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

47.0581

44.4575

JanuMarcMayJulySeptNove

BMD 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 45.9323, compared to 46.4531 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.5208 points.

H1 Avg (Jan–Jun) 45.9323

H2 Avg (Jul–Dec) 46.4531

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 4.1607 MUR (High: 46.4300 / Low: 42.2693). On the other end, May was the most stable month, with a tight range of 0.6000 MUR (High: 46.3700 / Low: 45.7700).

March Spread (Volatile) ±4.1607

May Spread (Stable) ±0.6000

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 0.4081 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.4081

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2024: 46.4551) against the same month in 2023 (average: 45.1422), the exchange rate shifted by +1.3129 (+2.91%).

2024 Avg (April) 46.4551

2023 Avg (April) 45.1422

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	45.8752	44.0200	44.6742
February	47.0000	44.9500	45.8539
March	46.4300	42.2693	45.9080
April	47.7483	46.1100	46.4551
May	46.3700	45.7700	46.1101
June	47.2000	45.7879	46.5925
July	47.2000	46.5000	46.7342
August	46.7500	46.0500	46.3261
September	46.6300	45.6400	45.9953
October	46.5800	45.8700	46.2345
November	47.4300	45.8300	46.5872
December	47.2000	46.4500	46.8414