YEARLY HIGH
0.2283 MUR
YEARLY LOW
0.2019 MUR
YEARLY AVERAGE
0.2208 MUR

2024 GYD to MUR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the GYD to MUR exchange rate experienced significant fluctuation. The market reached its absolute peak on April 15, valuing the pair at 0.2283. Conversely, the yearly low was recorded on March 12, dropping to 0.2019.

This high-to-low spread represents a total annual volatility of 0.0265 MUR. From a start-to-finish perspective, comparing the January average rate of 0.2135 to the December average rate of 0.2240, the exchange rate registered a net change of 4.93% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.2283 was up 1.86% compared to the 2023 peak of 0.2242, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,142 MUR
2023 Average 1,073 MUR
Yearly Trough Low 1,009 MUR
Transaction Impact: A difference of 132.35 MUR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.2250
0.2124
JanuMarcMayJulySeptNove

GYD 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 0.2195, compared to 0.2221 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0026 points.

H1 Avg (Jan–Jun) 0.2195
H2 Avg (Jul–Dec) 0.2221

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 0.0205 MUR (High: 0.2223 / Low: 0.2019). On the other end, May was the most stable month, with a tight range of 0.0024 MUR (High: 0.2216 / Low: 0.2192).

March Spread (Volatile) ±0.0205
May Spread (Stable) ±0.0024

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 July and August, when the average rate fell by 0.0018 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0018

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2024: 0.2220) against the same month in 2023 (average: 0.2136), the exchange rate shifted by +0.0084 (+3.95%).

2024 Avg (April) 0.2220
2023 Avg (April) 0.2136

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2192 0.2103 0.2135
February 0.2246 0.2152 0.2191
March 0.2223 0.2019 0.2193
April 0.2283 0.2200 0.2220
May 0.2216 0.2192 0.2204
June 0.2258 0.2174 0.2227
July 0.2256 0.2222 0.2235
August 0.2255 0.2199 0.2216
September 0.2229 0.2182 0.2198
October 0.2229 0.2195 0.2209
November 0.2267 0.2187 0.2227
December 0.2265 0.2223 0.2240