2024 FJD to MUR Historical Review

YEARLY HIGH

21.0908 MUR

YEARLY LOW

18.9400 MUR

YEARLY AVERAGE

20.5355 MUR

2024 FJD to MUR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the FJD to MUR exchange rate experienced significant fluctuation. The market reached its absolute peak on July 3, valuing the pair at 21.0908. Conversely, the yearly low was recorded on March 12, dropping to 18.9400.

This high-to-low spread represents a total annual volatility of 2.1508 MUR. From a start-to-finish perspective, comparing the January average rate of 20.0035 to the December average rate of 20.3025, the exchange rate registered a net change of 1.49% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 21.0908 was down 0.92% compared to the 2023 peak of 21.2875, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 105,454 MUR

2023 Average 101,159 MUR

Yearly Trough Low 94,700 MUR

Transaction Impact: A difference of 10,754.22 MUR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

20.9151

19.9206

JanuMarcMayJulySeptNove

FJD 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 20.4069, compared to 20.6642 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2573 points.

H1 Avg (Jan–Jun) 20.4069

H2 Avg (Jul–Dec) 20.6642

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 1.6453 MUR (High: 20.5852 / Low: 18.9400). On the other end, May was the most stable month, with a tight range of 0.4524 MUR (High: 20.6938 / Low: 20.2414).

March Spread (Volatile) ±1.6453

May Spread (Stable) ±0.4524

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 November and December, when the average rate fell by 0.2523 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.2523

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2024: 20.8275) against the same month in 2023 (average: 20.5473), the exchange rate shifted by +0.2803 (+1.36%).

2024 Avg (July) 20.8275

2023 Avg (July) 20.5473

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	20.5400	19.5620	20.0035
February	20.9429	20.0989	20.3868
March	20.5852	18.9400	20.3887
April	21.0040	20.2570	20.4974
May	20.6938	20.2414	20.4385
June	21.0884	20.2696	20.7262
July	21.0908	20.5882	20.8275
August	21.0505	20.4432	20.7680
September	21.0505	20.5759	20.8322
October	21.0754	20.2414	20.7000
November	20.8484	20.1366	20.5548
December	20.5884	20.0086	20.3025