2024 HUF to MUR Historical Review

YEARLY HIGH

0.1314 MUR

YEARLY LOW

0.1158 MUR

YEARLY AVERAGE

0.1265 MUR

2024 HUF to MUR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the HUF to MUR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 11, valuing the pair at 0.1314. Conversely, the yearly low was recorded on March 12, dropping to 0.1158.

This high-to-low spread represents a total annual volatility of 0.0157 MUR. From a start-to-finish perspective, comparing the January average rate of 0.1276 to the December average rate of 0.1191, the exchange rate registered a net change of -6.68% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.1314 was down 3.60% compared to the 2023 peak of 0.1364, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 1,000,000 HUF based on timing:

Yearly Peak High 131,446 MUR

2023 Average 127,901 MUR

Yearly Trough Low 115,761 MUR

Transaction Impact: A difference of 15,685.03 MUR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.1305

0.1180

JanuMarcMayJulySeptNove

HUF 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 0.1274, compared to 0.1256 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0018 points.

H1 Avg (Jan–Jun) 0.1274

H2 Avg (Jul–Dec) 0.1256

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 0.0122 MUR (High: 0.1280 / Low: 0.1158). On the other end, May was the most stable month, with a tight range of 0.0031 MUR (High: 0.1303 / Low: 0.1273).

March Spread (Volatile) ±0.0122

May Spread (Stable) ±0.0031

Growth Streaks & Declines

Trends

Between June and September, 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 October and November, when the average rate fell by 0.0044 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0044

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.1276) against the same month in 2023 (average: 0.1206), the exchange rate shifted by +0.0070 (+5.79%).

2024 Avg (January) 0.1276

2023 Avg (January) 0.1206

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1314	0.1247	0.1276
February	0.1304	0.1258	0.1276
March	0.1280	0.1158	0.1263
April	0.1287	0.1255	0.1268
May	0.1303	0.1273	0.1287
June	0.1293	0.1256	0.1271
July	0.1303	0.1271	0.1292
August	0.1313	0.1270	0.1294
September	0.1310	0.1278	0.1294
October	0.1280	0.1226	0.1254
November	0.1239	0.1182	0.1209
December	0.1209	0.1166	0.1191