2024 KES to MUR Historical Review

YEARLY HIGH

0.3672 MUR

YEARLY LOW

0.2722 MUR

YEARLY AVERAGE

0.3448 MUR

2024 KES to MUR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the KES to MUR exchange rate experienced significant fluctuation. The market reached its absolute peak on July 14, valuing the pair at 0.3672. Conversely, the yearly low was recorded on January 25, dropping to 0.2722.

This high-to-low spread represents a total annual volatility of 0.0950 MUR. From a start-to-finish perspective, comparing the January average rate of 0.2797 to the December average rate of 0.3622, the exchange rate registered a net change of 29.53% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.3672 was down 0.71% compared to the 2023 peak of 0.3698, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,836 MUR

2023 Average 1,620 MUR

Yearly Trough Low 1,361 MUR

Transaction Impact: A difference of 474.75 MUR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.3705

0.2714

JanuMarcMayJulySeptNove

KES 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 0.3299, compared to 0.3598 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0299 points.

H1 Avg (Jan–Jun) 0.3299

H2 Avg (Jul–Dec) 0.3598

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 0.0514 MUR (High: 0.3517 / Low: 0.3003). On the other end, October was the most stable month, with a tight range of 0.0056 MUR (High: 0.3612 / Low: 0.3556).

March Spread (Volatile) ±0.0514

October Spread (Stable) ±0.0056

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 0.0035 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0035

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2024: 0.3622) against the same month in 2023 (average: 0.3223), the exchange rate shifted by +0.0399 (+12.38%).

2024 Avg (July) 0.3622

2023 Avg (July) 0.3223

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2874	0.2722	0.2797
February	0.3294	0.2785	0.3015
March	0.3517	0.3003	0.3343
April	0.3668	0.3452	0.3539
May	0.3586	0.3425	0.3506
June	0.3660	0.3486	0.3595
July	0.3672	0.3545	0.3622
August	0.3629	0.3563	0.3587
September	0.3619	0.3538	0.3567
October	0.3612	0.3556	0.3583
November	0.3663	0.3552	0.3604
December	0.3671	0.3587	0.3622