2024 EGP to MUR Historical Review

YEARLY HIGH

1.5220 MUR

YEARLY LOW

0.8661 MUR

YEARLY AVERAGE

1.0489 MUR

2024 EGP to MUR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the EGP to MUR exchange rate experienced significant fluctuation. The market reached its absolute peak on February 18, valuing the pair at 1.5220. Conversely, the yearly low was recorded on March 12, dropping to 0.8661.

This high-to-low spread represents a total annual volatility of 0.6558 MUR. From a start-to-finish perspective, comparing the January average rate of 1.4463 to the December average rate of 0.9264, the exchange rate registered a net change of -35.95% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 1.5220 was down 14.51% compared to the 2023 peak of 1.7803, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 7,610 MUR

2023 Average 7,362 MUR

Yearly Trough Low 4,331 MUR

Transaction Impact: A difference of 3,279.16 MUR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

1.5392

0.8707

JanuMarcMayJulySeptNove

EGP 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 1.1496, compared to 0.9481 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.2016 points.

H1 Avg (Jan–Jun) 1.1496

H2 Avg (Jul–Dec) 0.9481

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 0.6177 MUR (High: 1.4838 / Low: 0.8661). On the other end, October was the most stable month, with a tight range of 0.0210 MUR (High: 0.9624 / Low: 0.9414).

March Spread (Volatile) ±0.6177

October Spread (Stable) ±0.0210

Growth Streaks & Declines

Trends

Between April and June, 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 February and March, when the average rate fell by 0.4391 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.4391

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2024: 1.4835) against the same month in 2023 (average: 1.5004), the exchange rate shifted by -0.0169 (-1.13%).

2024 Avg (February) 1.4835

2023 Avg (February) 1.5004

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.4846	1.4234	1.4463
February	1.5220	1.4547	1.4835
March	1.4838	0.8661	1.0444
April	0.9896	0.9597	0.9717
May	0.9872	0.9641	0.9753
June	0.9875	0.9599	0.9766
July	0.9836	0.9606	0.9701
August	0.9614	0.9387	0.9474
September	0.9613	0.9397	0.9494
October	0.9624	0.9414	0.9517
November	0.9573	0.9313	0.9436
December	0.9398	0.9156	0.9264