2024 ETB to MUR Historical Review

YEARLY HIGH

0.8398 MUR

YEARLY LOW

0.3662 MUR

YEARLY AVERAGE

0.6362 MUR

2024 ETB to MUR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the ETB to MUR exchange rate experienced significant fluctuation. The market reached its absolute peak on April 15, valuing the pair at 0.8398. Conversely, the yearly low was recorded on December 17, dropping to 0.3662.

This high-to-low spread represents a total annual volatility of 0.4736 MUR. From a start-to-finish perspective, comparing the January average rate of 0.7918 to the December average rate of 0.3699, the exchange rate registered a net change of -53.28% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.8398 was down 4.49% compared to the 2023 peak of 0.8792, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 4,199 MUR

2023 Average 4,121 MUR

Yearly Trough Low 1,831 MUR

Transaction Impact: A difference of 2,368.13 MUR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.8610

0.3252

JanuMarcMayJulySeptNove

ETB 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 0.8069, compared to 0.4655 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.3415 points.

H1 Avg (Jan–Jun) 0.8069

H2 Avg (Jul–Dec) 0.4655

Volatility Range Comparison

Volatility

The most volatile month in 2024 was July, with a trading range of 0.1986 MUR (High: 0.8171 / Low: 0.6185). On the other end, May was the most stable month, with a tight range of 0.0128 MUR (High: 0.8117 / Low: 0.7989).

July Spread (Volatile) ±0.1986

May Spread (Stable) ±0.0128

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2024. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.3480 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.3480

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2024: 0.8164) against the same month in 2023 (average: 0.8333), the exchange rate shifted by -0.0169 (-2.03%).

2024 Avg (April) 0.8164

2023 Avg (April) 0.8333

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.8156	0.7815	0.7918
February	0.8334	0.7963	0.8098
March	0.8219	0.7445	0.8092
April	0.8398	0.8083	0.8164
May	0.8117	0.7989	0.8043
June	0.8200	0.7924	0.8102
July	0.8171	0.6185	0.8041
August	0.5918	0.4093	0.4561
September	0.4206	0.3808	0.3986
October	0.3919	0.3780	0.3841
November	0.3890	0.3682	0.3800
December	0.3802	0.3662	0.3699