2024 HRK to MUR Historical Review

YEARLY HIGH

6.8587 MUR

YEARLY LOW

6.1303 MUR

YEARLY AVERAGE

6.6323 MUR

2024 HRK to MUR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the HRK to MUR exchange rate experienced significant fluctuation. The market reached its absolute peak on August 24, valuing the pair at 6.8587. Conversely, the yearly low was recorded on March 12, dropping to 6.1303.

This high-to-low spread represents a total annual volatility of 0.7284 MUR. From a start-to-finish perspective, comparing the January average rate of 6.4673 to the December average rate of 6.5099, the exchange rate registered a net change of 0.66% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 6.8587 was up 1.20% compared to the 2023 peak of 6.7771, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 34,294 MUR

2023 Average 32,375 MUR

Yearly Trough Low 30,651 MUR

Transaction Impact: A difference of 3,642.11 MUR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

6.8125

6.4359

JanuMarcMayJulySeptNove

HRK 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 6.5893, compared to 6.6753 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0861 points.

H1 Avg (Jan–Jun) 6.5893

H2 Avg (Jul–Dec) 6.6753

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 0.5614 MUR (High: 6.6917 / Low: 6.1303). On the other end, May was the most stable month, with a tight range of 0.0579 MUR (High: 6.6475 / Low: 6.5896).

March Spread (Volatile) ±0.5614

May Spread (Stable) ±0.0579

Growth Streaks & Declines

Trends

Between April and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.1182 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.1182

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2024: 6.7767) against the same month in 2023 (average: 6.5855), the exchange rate shifted by +0.1912 (+2.90%).

2024 Avg (August) 6.7767

2023 Avg (August) 6.5855

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	6.6166	6.3915	6.4673
February	6.7268	6.4599	6.5684
March	6.6917	6.1303	6.6208
April	6.7340	6.5548	6.6093
May	6.6475	6.5896	6.6164
June	6.7254	6.5504	6.6536
July	6.7722	6.6590	6.7308
August	6.8587	6.6778	6.7767
September	6.8382	6.7299	6.7811
October	6.7918	6.5634	6.6859
November	6.6775	6.4586	6.5677
December	6.5584	6.3992	6.5099