2024 LBP to MUR Historical Review

YEARLY HIGH

0.0031 MUR

YEARLY LOW

0.0005 MUR

YEARLY AVERAGE

0.0009 MUR

2024 LBP to MUR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the LBP to MUR exchange rate experienced significant fluctuation. The market reached its absolute peak on February 18, valuing the pair at 0.0031. Conversely, the yearly low was recorded on March 12, dropping to 0.0005.

This high-to-low spread represents a total annual volatility of 0.0027 MUR. From a start-to-finish perspective, comparing the January average rate of 0.0030 to the December average rate of 0.0005, the exchange rate registered a net change of -82.40% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0031 was down 89.61% compared to the 2023 peak of 0.0301, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 16 MUR

2023 Average 28 MUR

Yearly Trough Low 2 MUR

Transaction Impact: A difference of 13.27 MUR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0032

0.0003

JanuMarcMayJulySeptNove

LBP 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 0.0012, compared to 0.0005 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0007 points.

H1 Avg (Jan–Jun) 0.0012

H2 Avg (Jul–Dec) 0.0005

Volatility Range Comparison

Volatility

The most volatile month in 2024 was February, with a trading range of 0.0026 MUR (High: 0.0031 / Low: 0.0005). On the other end, May was the most stable month, with a tight range of 0.0000 MUR (High: 0.0005 / Low: 0.0005).

February Spread (Volatile) ±0.0026

May Spread (Stable) ±0.0000

Growth Streaks & Declines

Trends

Between September and December, 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 February and March, when the average rate fell by 0.0018 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0018

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2024: 0.0024) against the same month in 2023 (average: 0.0078), the exchange rate shifted by -0.0054 (-69.83%).

2024 Avg (February) 0.0024

2023 Avg (February) 0.0078

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0030	0.0029	0.0030
February	0.0031	0.0005	0.0024
March	0.0005	0.0005	0.0005
April	0.0005	0.0005	0.0005
May	0.0005	0.0005	0.0005
June	0.0005	0.0005	0.0005
July	0.0005	0.0005	0.0005
August	0.0005	0.0005	0.0005
September	0.0005	0.0005	0.0005
October	0.0005	0.0005	0.0005
November	0.0005	0.0005	0.0005
December	0.0005	0.0005	0.0005