YEARLY HIGH
0.8051 MUR
YEARLY LOW
0.7153 MUR
YEARLY AVERAGE
0.7772 MUR

2024 DOP to MUR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the DOP to MUR exchange rate experienced significant fluctuation. The market reached its absolute peak on April 15, valuing the pair at 0.8051. Conversely, the yearly low was recorded on March 12, dropping to 0.7153.

This high-to-low spread represents a total annual volatility of 0.0898 MUR. From a start-to-finish perspective, comparing the January average rate of 0.7624 to the December average rate of 0.7718, the exchange rate registered a net change of 1.23% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.8051 was down 6.33% compared to the 2023 peak of 0.8595, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 4,025 MUR
2023 Average 4,029 MUR
Yearly Trough Low 3,577 MUR
Transaction Impact: A difference of 448.89 MUR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.7929
0.7596
JanuMarcMayJulySeptNove

DOP 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 0.7805, compared to 0.7740 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0065 points.

H1 Avg (Jan–Jun) 0.7805
H2 Avg (Jul–Dec) 0.7740

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 0.0717 MUR (High: 0.7870 / Low: 0.7153). On the other end, July was the most stable month, with a tight range of 0.0120 MUR (High: 0.7977 / Low: 0.7857).

March Spread (Volatile) ±0.0717
July Spread (Stable) ±0.0120

Growth Streaks & Declines

Trends

Between March and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.0128 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0128

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2024: 0.7863) against the same month in 2023 (average: 0.8253), the exchange rate shifted by -0.0390 (-4.73%).

2024 Avg (April) 0.7863
2023 Avg (April) 0.8253

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.7775 0.7519 0.7624
February 0.8017 0.7645 0.7812
March 0.7870 0.7153 0.7780
April 0.8051 0.7773 0.7863
May 0.7984 0.7767 0.7886
June 0.7998 0.7669 0.7864
July 0.7977 0.7857 0.7901
August 0.7931 0.7690 0.7773
September 0.7817 0.7589 0.7665
October 0.7733 0.7603 0.7663
November 0.7846 0.7591 0.7720
December 0.7782 0.7656 0.7718