2024 BZD to MUR Historical Review

YEARLY HIGH

23.6997 MUR

YEARLY LOW

20.9753 MUR

YEARLY AVERAGE

22.9229 MUR

2024 BZD to MUR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BZD to MUR exchange rate experienced significant fluctuation. The market reached its absolute peak on April 15, valuing the pair at 23.6997. Conversely, the yearly low was recorded on March 12, dropping to 20.9753.

This high-to-low spread represents a total annual volatility of 2.7244 MUR. From a start-to-finish perspective, comparing the January average rate of 22.1667 to the December average rate of 23.2795, the exchange rate registered a net change of 5.02% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 23.6997 was up 0.86% compared to the 2023 peak of 23.4966, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 118,498 MUR

2023 Average 111,934 MUR

Yearly Trough Low 104,876 MUR

Transaction Impact: A difference of 13,622.07 MUR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

23.3907

22.0555

JanuMarcMayJulySeptNove

BZD 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 22.7925, compared to 23.0533 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2608 points.

H1 Avg (Jan–Jun) 22.7925

H2 Avg (Jul–Dec) 23.0533

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 2.1026 MUR (High: 23.0779 / Low: 20.9753). On the other end, May was the most stable month, with a tight range of 0.2531 MUR (High: 23.0066 / Low: 22.7535).

March Spread (Volatile) ±2.1026

May Spread (Stable) ±0.2531

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 0.1899 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.1899

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2024: 23.0560) against the same month in 2023 (average: 22.4181), the exchange rate shifted by +0.6379 (+2.85%).

2024 Avg (April) 23.0560

2023 Avg (April) 22.4181

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	22.7703	21.8312	22.1667
February	23.3150	22.3404	22.7445
March	23.0779	20.9753	22.7888
April	23.6997	22.8509	23.0560
May	23.0066	22.7535	22.8849
June	23.4382	22.5685	23.1141
July	23.4100	23.0638	23.1930
August	23.4039	22.8285	23.0030
September	23.1376	22.6404	22.8149
October	23.1214	22.7611	22.9223
November	23.5329	22.7219	23.1074
December	23.5751	23.0699	23.2795