2024 JPY to MUR Historical Review

YEARLY HIGH

0.3264 MUR

YEARLY LOW

0.2863 MUR

YEARLY AVERAGE

0.3052 MUR

2024 JPY to MUR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the JPY to MUR exchange rate experienced significant fluctuation. The market reached its absolute peak on September 16, valuing the pair at 0.3264. Conversely, the yearly low was recorded on March 12, dropping to 0.2863.

This high-to-low spread represents a total annual volatility of 0.0400 MUR. From a start-to-finish perspective, comparing the January average rate of 0.3057 to the December average rate of 0.3042, the exchange rate registered a net change of -0.49% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.3264 was down 8.27% compared to the 2023 peak of 0.3558, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 500,000 JPY based on timing:

Yearly Peak High 163,176 MUR

2023 Average 160,890 MUR

Yearly Trough Low 143,165 MUR

Transaction Impact: A difference of 20,011.12 MUR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.3242

0.2920

JanuMarcMayJulySeptNove

JPY 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 0.3019, compared to 0.3086 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0067 points.

H1 Avg (Jan–Jun) 0.3019

H2 Avg (Jul–Dec) 0.3086

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 0.0256 MUR (High: 0.3120 / Low: 0.2863). On the other end, June was the most stable month, with a tight range of 0.0069 MUR (High: 0.2987 / Low: 0.2918).

March Spread (Volatile) ±0.0256

June Spread (Stable) ±0.0069

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 September and October, when the average rate fell by 0.0131 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0131

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 0.3215) against the same month in 2023 (average: 0.3044), the exchange rate shifted by +0.0172 (+5.64%).

2024 Avg (September) 0.3215

2023 Avg (September) 0.3044

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.3139	0.2987	0.3057
February	0.3130	0.3031	0.3065
March	0.3120	0.2863	0.3065
April	0.3096	0.2931	0.3016
May	0.3026	0.2922	0.2961
June	0.2987	0.2918	0.2947
July	0.3115	0.2893	0.2967
August	0.3211	0.3096	0.3168
September	0.3264	0.3154	0.3215
October	0.3201	0.3002	0.3085
November	0.3102	0.2982	0.3036
December	0.3125	0.2974	0.3042