YEARLY HIGH
0.5571 MUR
YEARLY LOW
0.4727 MUR
YEARLY AVERAGE
0.5304 MUR

2024 KGS to MUR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the KGS to MUR exchange rate experienced significant fluctuation. The market reached its absolute peak on July 26, valuing the pair at 0.5571. Conversely, the yearly low was recorded on March 12, dropping to 0.4727.

This high-to-low spread represents a total annual volatility of 0.0845 MUR. From a start-to-finish perspective, comparing the January average rate of 0.5005 to the December average rate of 0.5390, the exchange rate registered a net change of 7.68% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.5571 was up 3.29% compared to the 2023 peak of 0.5394, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,786 MUR
2023 Average 2,567 MUR
Yearly Trough Low 2,363 MUR
Transaction Impact: A difference of 422.30 MUR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.5545
0.4956
JanuMarcMayJulySeptNove

KGS 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 0.5176, compared to 0.5432 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0256 points.

H1 Avg (Jan–Jun) 0.5176
H2 Avg (Jul–Dec) 0.5432

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 0.0463 MUR (High: 0.5189 / Low: 0.4727). On the other end, December was the most stable month, with a tight range of 0.0080 MUR (High: 0.5425 / Low: 0.5345).

March Spread (Volatile) ±0.0463
December Spread (Stable) ±0.0080

Growth Streaks & Declines

Trends

Between January and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.0056 points.

Longest Streak 6 Mo.
Sharpest MoM Drop -0.0056

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2024: 0.5496) against the same month in 2023 (average: 0.5195), the exchange rate shifted by +0.0301 (+5.79%).

2024 Avg (July) 0.5496
2023 Avg (July) 0.5195

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.5136 0.4941 0.5005
February 0.5256 0.5032 0.5128
March 0.5189 0.4727 0.5131
April 0.5358 0.5174 0.5216
May 0.5273 0.5189 0.5225
June 0.5460 0.5245 0.5350
July 0.5571 0.5412 0.5496
August 0.5563 0.5385 0.5440
September 0.5511 0.5417 0.5454
October 0.5504 0.5365 0.5419
November 0.5502 0.5341 0.5395
December 0.5425 0.5345 0.5390