2024 INR to MUR Historical Review

YEARLY HIGH

0.5718 MUR

YEARLY LOW

0.5103 MUR

YEARLY AVERAGE

0.5520 MUR

2024 INR to MUR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the INR to MUR exchange rate experienced significant fluctuation. The market reached its absolute peak on April 15, valuing the pair at 0.5718. Conversely, the yearly low was recorded on March 12, dropping to 0.5103.

This high-to-low spread represents a total annual volatility of 0.0615 MUR. From a start-to-finish perspective, comparing the January average rate of 0.5375 to the December average rate of 0.5510, the exchange rate registered a net change of 2.51% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.5718 was down 0.40% compared to the 2023 peak of 0.5741, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 250,000 INR based on timing:

Yearly Peak High 142,948 MUR

2023 Average 136,565 MUR

Yearly Trough Low 127,570 MUR

Transaction Impact: A difference of 15,378.11 MUR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.5611

0.5354

JanuMarcMayJulySeptNove

INR 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 0.5518, compared to 0.5522 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0004 points.

H1 Avg (Jan–Jun) 0.5518

H2 Avg (Jul–Dec) 0.5522

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 0.0465 MUR (High: 0.5568 / Low: 0.5103). On the other end, May was the most stable month, with a tight range of 0.0065 MUR (High: 0.5560 / Low: 0.5495).

March Spread (Volatile) ±0.0465

May Spread (Stable) ±0.0065

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 0.0067 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0067

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2024: 0.5569) against the same month in 2023 (average: 0.5508), the exchange rate shifted by +0.0061 (+1.10%).

2024 Avg (April) 0.5569

2023 Avg (April) 0.5508

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.5517	0.5287	0.5375
February	0.5662	0.5420	0.5526
March	0.5568	0.5103	0.5527
April	0.5718	0.5528	0.5569
May	0.5560	0.5495	0.5531
June	0.5662	0.5482	0.5581
July	0.5653	0.5556	0.5590
August	0.5583	0.5486	0.5523
September	0.5554	0.5453	0.5489
October	0.5550	0.5456	0.5501
November	0.5615	0.5446	0.5522
December	0.5556	0.5469	0.5510