YEARLY HIGH
0.0519 MUR
YEARLY LOW
0.0444 MUR
YEARLY AVERAGE
0.0490 MUR

2024 CLP to MUR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the CLP to MUR exchange rate experienced significant fluctuation. The market reached its absolute peak on May 21, valuing the pair at 0.0519. Conversely, the yearly low was recorded on March 12, dropping to 0.0444.

This high-to-low spread represents a total annual volatility of 0.0075 MUR. From a start-to-finish perspective, comparing the January average rate of 0.0492 to the December average rate of 0.0476, the exchange rate registered a net change of -3.13% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0519 was down 12.16% compared to the 2023 peak of 0.0591, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 1,000,000 CLP based on timing:

Yearly Peak High 51,901 MUR
2023 Average 53,841 MUR
Yearly Trough Low 44,435 MUR
Transaction Impact: A difference of 7,466.33 MUR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0506
0.0472
JanuMarcMayJulySeptNove

CLP 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 0.0489, compared to 0.0491 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.0489
H2 Avg (Jul–Dec) 0.0491

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 0.0044 MUR (High: 0.0488 / Low: 0.0444). On the other end, December was the most stable month, with a tight range of 0.0012 MUR (High: 0.0480 / Low: 0.0468).

March Spread (Volatile) ±0.0044
December Spread (Stable) ±0.0012

Growth Streaks & Declines

Trends

Between February and May, 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 January and February, when the average rate fell by 0.0017 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0017

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2024: 0.0503) against the same month in 2023 (average: 0.0569), the exchange rate shifted by -0.0066 (-11.63%).

2024 Avg (May) 0.0503
2023 Avg (May) 0.0569

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0503 0.0481 0.0492
February 0.0488 0.0462 0.0475
March 0.0488 0.0444 0.0475
April 0.0492 0.0473 0.0486
May 0.0519 0.0483 0.0503
June 0.0514 0.0491 0.0502
July 0.0515 0.0487 0.0500
August 0.0508 0.0487 0.0499
September 0.0511 0.0485 0.0497
October 0.0509 0.0480 0.0493
November 0.0486 0.0474 0.0479
December 0.0480 0.0468 0.0476