2024 CAD to MUR Historical Review

YEARLY HIGH

34.8709 MUR

YEARLY LOW

31.3259 MUR

YEARLY AVERAGE

33.7130 MUR

2024 CAD to MUR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the CAD to MUR exchange rate experienced significant fluctuation. The market reached its absolute peak on February 18, valuing the pair at 34.8709. Conversely, the yearly low was recorded on March 12, dropping to 31.3259.

This high-to-low spread represents a total annual volatility of 3.5450 MUR. From a start-to-finish perspective, comparing the January average rate of 33.2948 to the December average rate of 32.8459, the exchange rate registered a net change of -1.35% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 34.8709 was down 0.61% compared to the 2023 peak of 35.0859, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 174,355 MUR

2023 Average 167,057 MUR

Yearly Trough Low 156,630 MUR

Transaction Impact: A difference of 17,725.15 MUR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

34.1988

32.7229

JanuMarcMayJulySeptNove

CAD 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 33.8111, compared to 33.6150 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1961 points.

H1 Avg (Jan–Jun) 33.8111

H2 Avg (Jul–Dec) 33.6150

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 3.0425 MUR (High: 34.3684 / Low: 31.3259). On the other end, May was the most stable month, with a tight range of 0.3441 MUR (High: 33.9132 / Low: 33.5691).

March Spread (Volatile) ±3.0425

May Spread (Stable) ±0.3441

Growth Streaks & Declines

Trends

Between May and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.4709 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.4709

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2024: 33.9792) against the same month in 2023 (average: 33.9746), the exchange rate shifted by +0.0045 (+0.01%).

2024 Avg (February) 33.9792

2023 Avg (February) 33.9746

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	34.2045	32.8469	33.2948
February	34.8709	33.4546	33.9792
March	34.3684	31.3259	33.9031
April	34.6315	33.6536	33.9576
May	33.9132	33.5691	33.7368
June	34.5143	33.2339	33.9951
July	34.6665	33.5930	34.0758
August	34.4265	33.5423	33.8988
September	34.4332	33.6913	33.9495
October	34.2366	33.0892	33.6029
November	33.7802	32.8334	33.3168
December	33.2609	32.2080	32.8459