YEARLY HIGH
0.0123 MUR
YEARLY LOW
0.0103 MUR
YEARLY AVERAGE
0.0114 MUR

2024 COP to MUR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the COP to MUR exchange rate experienced significant fluctuation. The market reached its absolute peak on April 15, valuing the pair at 0.0123. Conversely, the yearly low was recorded on November 4, dropping to 0.0103.

This high-to-low spread represents a total annual volatility of 0.0020 MUR. From a start-to-finish perspective, comparing the January average rate of 0.0114 to the December average rate of 0.0107, the exchange rate registered a net change of -6.41% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0123 was up 4.69% compared to the 2023 peak of 0.0118, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 61,667 MUR
2023 Average 52,421 MUR
Yearly Trough Low 51,495 MUR
Transaction Impact: A difference of 10,172.60 MUR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0122
0.0104
JanuMarcMayJulySeptNove

COP 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 0.0117, compared to 0.0110 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0007 points.

H1 Avg (Jan–Jun) 0.0117
H2 Avg (Jul–Dec) 0.0110

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 0.0012 MUR (High: 0.0120 / Low: 0.0108). On the other end, May was the most stable month, with a tight range of 0.0003 MUR (High: 0.0121 / Low: 0.0118).

March Spread (Volatile) ±0.0012
May Spread (Stable) ±0.0003

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 May and June, when the average rate fell by 0.0004 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0004

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2024: 0.0120) against the same month in 2023 (average: 0.0100), the exchange rate shifted by +0.0021 (+20.72%).

2024 Avg (April) 0.0120
2023 Avg (April) 0.0100

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0117 0.0112 0.0114
February 0.0120 0.0115 0.0117
March 0.0120 0.0108 0.0118
April 0.0123 0.0117 0.0120
May 0.0121 0.0118 0.0119
June 0.0120 0.0112 0.0115
July 0.0118 0.0113 0.0116
August 0.0116 0.0112 0.0114
September 0.0112 0.0107 0.0110
October 0.0112 0.0105 0.0109
November 0.0108 0.0103 0.0106
December 0.0108 0.0105 0.0107