YEARLY HIGH
0.0954 MUR
YEARLY LOW
0.0827 MUR
YEARLY AVERAGE
0.0896 MUR

2024 CRC to MUR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the CRC to MUR exchange rate experienced significant fluctuation. The market reached its absolute peak on April 15, valuing the pair at 0.0954. Conversely, the yearly low was recorded on March 12, dropping to 0.0827.

This high-to-low spread represents a total annual volatility of 0.0127 MUR. From a start-to-finish perspective, comparing the January average rate of 0.0864 to the December average rate of 0.0926, the exchange rate registered a net change of 7.16% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0954 was up 9.96% compared to the 2023 peak of 0.0867, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 477 MUR
2023 Average 417 MUR
Yearly Trough Low 413 MUR
Transaction Impact: A difference of 63.64 MUR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0932
0.0858
JanuMarcMayJulySeptNove

CRC 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 0.0894, compared to 0.0898 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0004 points.

H1 Avg (Jan–Jun) 0.0894
H2 Avg (Jul–Dec) 0.0898

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 0.0097 MUR (High: 0.0923 / Low: 0.0827). On the other end, October was the most stable month, with a tight range of 0.0015 MUR (High: 0.0903 / Low: 0.0889).

March Spread (Volatile) ±0.0097
October Spread (Stable) ±0.0015

Growth Streaks & Declines

Trends

Between August and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0022 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0022

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2024: 0.0922) against the same month in 2023 (average: 0.0843), the exchange rate shifted by +0.0079 (+9.35%).

2024 Avg (April) 0.0922
2023 Avg (April) 0.0843

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0898 0.0847 0.0864
February 0.0910 0.0876 0.0889
March 0.0923 0.0827 0.0903
April 0.0954 0.0906 0.0922
May 0.0909 0.0884 0.0900
June 0.0903 0.0861 0.0887
July 0.0898 0.0874 0.0888
August 0.0901 0.0874 0.0883
September 0.0902 0.0874 0.0885
October 0.0903 0.0889 0.0896
November 0.0929 0.0892 0.0913
December 0.0939 0.0916 0.0926