YEARLY HIGH
0.2686 MUR
YEARLY LOW
0.2379 MUR
YEARLY AVERAGE
0.2598 MUR

2024 DJF to MUR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the DJF to MUR exchange rate experienced significant fluctuation. The market reached its absolute peak on April 15, valuing the pair at 0.2686. Conversely, the yearly low was recorded on March 12, dropping to 0.2379.

This high-to-low spread represents a total annual volatility of 0.0306 MUR. From a start-to-finish perspective, comparing the January average rate of 0.2511 to the December average rate of 0.2634, the exchange rate registered a net change of 4.88% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.2686 was up 1.09% compared to the 2023 peak of 0.2657, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,343 MUR
2023 Average 1,268 MUR
Yearly Trough Low 1,190 MUR
Transaction Impact: A difference of 153.22 MUR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.2646
0.2499
JanuMarcMayJulySeptNove

DJF 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 0.2583, compared to 0.2612 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0029 points.

H1 Avg (Jan–Jun) 0.2583
H2 Avg (Jul–Dec) 0.2612

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 0.0234 MUR (High: 0.2613 / Low: 0.2379). On the other end, May was the most stable month, with a tight range of 0.0034 MUR (High: 0.2612 / Low: 0.2578).

March Spread (Volatile) ±0.0234
May Spread (Stable) ±0.0034

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 August and September, when the average rate fell by 0.0023 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0023

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2024: 0.2613) against the same month in 2023 (average: 0.2541), the exchange rate shifted by +0.0071 (+2.80%).

2024 Avg (April) 0.2613
2023 Avg (April) 0.2541

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2581 0.2474 0.2511
February 0.2640 0.2526 0.2577
March 0.2613 0.2379 0.2583
April 0.2686 0.2594 0.2613
May 0.2612 0.2578 0.2595
June 0.2654 0.2555 0.2620
July 0.2654 0.2615 0.2628
August 0.2649 0.2586 0.2608
September 0.2623 0.2550 0.2585
October 0.2624 0.2580 0.2600
November 0.2672 0.2578 0.2620
December 0.2661 0.2611 0.2634