2024 ILS to MUR Historical Review

YEARLY HIGH

13.1605 MUR

YEARLY LOW

11.5480 MUR

YEARLY AVERAGE

12.4841 MUR

2024 ILS to MUR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the ILS to MUR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 12, valuing the pair at 13.1605. Conversely, the yearly low was recorded on March 12, dropping to 11.5480.

This high-to-low spread represents a total annual volatility of 1.6125 MUR. From a start-to-finish perspective, comparing the January average rate of 12.0482 to the December average rate of 12.9283, the exchange rate registered a net change of 7.30% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 13.1605 was down 0.91% compared to the 2023 peak of 13.2820, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 65,803 MUR

2023 Average 61,276 MUR

Yearly Trough Low 57,740 MUR

Transaction Impact: A difference of 8,062.52 MUR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

13.0163

11.9602

JanuMarcMayJulySeptNove

ILS 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 12.4282, compared to 12.5400 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1118 points.

H1 Avg (Jan–Jun) 12.4282

H2 Avg (Jul–Dec) 12.5400

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 1.2923 MUR (High: 12.8403 / Low: 11.5480). On the other end, May was the most stable month, with a tight range of 0.2548 MUR (High: 12.6009 / Low: 12.3461).

March Spread (Volatile) ±1.2923

May Spread (Stable) ±0.2548

Growth Streaks & Declines

Trends

Between April and July, 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 March and April, when the average rate fell by 0.2783 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.2783

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 12.9283) against the same month in 2023 (average: 12.0493), the exchange rate shifted by +0.8790 (+7.30%).

2024 Avg (December) 12.9283

2023 Avg (December) 12.0493

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	12.5453	11.6825	12.0482
February	13.0350	12.2710	12.5844
March	12.8403	11.5480	12.6383
April	12.7159	12.1126	12.3600
May	12.6009	12.3461	12.4566
June	12.6523	12.1614	12.4814
July	12.9210	12.4055	12.7262
August	12.8036	12.0680	12.4503
September	12.7936	12.0801	12.3312
October	12.4946	12.0916	12.2792
November	12.8518	12.2211	12.5245
December	13.1605	12.7434	12.9283