YEARLY HIGH
0.0171 MUR
YEARLY LOW
0.0152 MUR
YEARLY AVERAGE
0.0164 MUR

2024 CDF to MUR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the CDF to MUR exchange rate experienced significant fluctuation. The market reached its absolute peak on April 15, valuing the pair at 0.0171. Conversely, the yearly low was recorded on March 12, dropping to 0.0152.

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 0.0164 to the December average rate of 0.0164, the exchange rate registered a net change of -0.01% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0171 was down 25.11% compared to the 2023 peak of 0.0229, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 86 MUR
2023 Average 97 MUR
Yearly Trough Low 76 MUR
Transaction Impact: A difference of 9.45 MUR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0167
0.0161
JanuMarcMayJulySeptNove

CDF 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 0.0165, compared to 0.0163 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.0165
H2 Avg (Jul–Dec) 0.0163

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 0.0015 MUR (High: 0.0168 / Low: 0.0152). On the other end, October was the most stable month, with a tight range of 0.0003 MUR (High: 0.0163 / Low: 0.0160).

March Spread (Volatile) ±0.0015
October Spread (Stable) ±0.0003

Growth Streaks & Declines

Trends

Between September and December, 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 0.0002 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: 0.0166) against the same month in 2023 (average: 0.0217), the exchange rate shifted by -0.0051 (-23.31%).

2024 Avg (April) 0.0166
2023 Avg (April) 0.0217

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0167 0.0161 0.0164
February 0.0170 0.0164 0.0166
March 0.0168 0.0152 0.0165
April 0.0171 0.0164 0.0166
May 0.0166 0.0163 0.0165
June 0.0166 0.0161 0.0165
July 0.0166 0.0163 0.0164
August 0.0164 0.0161 0.0163
September 0.0164 0.0160 0.0161
October 0.0163 0.0160 0.0162
November 0.0165 0.0161 0.0163
December 0.0167 0.0162 0.0164