2024 LRD to MUR Historical Review

YEARLY HIGH

0.2619 MUR

YEARLY LOW

0.2205 MUR

YEARLY AVERAGE

0.2415 MUR

2024 LRD to MUR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the LRD to MUR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 14, valuing the pair at 0.2619. Conversely, the yearly low was recorded on March 12, dropping to 0.2205.

This high-to-low spread represents a total annual volatility of 0.0413 MUR. From a start-to-finish perspective, comparing the January average rate of 0.2362 to the December average rate of 0.2594, the exchange rate registered a net change of 9.82% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.2619 was down 13.52% compared to the 2023 peak of 0.3028, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,309 MUR

2023 Average 1,298 MUR

Yearly Trough Low 1,103 MUR

Transaction Impact: A difference of 206.63 MUR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.2618

0.2328

JanuMarcMayJulySeptNove

LRD 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 0.2391, compared to 0.2439 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0047 points.

H1 Avg (Jan–Jun) 0.2391

H2 Avg (Jul–Dec) 0.2439

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0221 MUR (High: 0.2609 / Low: 0.2388). On the other end, May was the most stable month, with a tight range of 0.0032 MUR (High: 0.2398 / Low: 0.2365).

November Spread (Volatile) ±0.0221

May Spread (Stable) ±0.0032

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 July and August, when the average rate fell by 0.0029 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0029

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.2594) against the same month in 2023 (average: 0.2345), the exchange rate shifted by +0.0249 (+10.61%).

2024 Avg (December) 0.2594

2023 Avg (December) 0.2345

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2417	0.2335	0.2362
February	0.2467	0.2366	0.2407
March	0.2409	0.2205	0.2386
April	0.2484	0.2389	0.2410
May	0.2398	0.2365	0.2382
June	0.2429	0.2355	0.2401
July	0.2427	0.2382	0.2398
August	0.2386	0.2353	0.2369
September	0.2391	0.2293	0.2352
October	0.2415	0.2375	0.2399
November	0.2609	0.2388	0.2520
December	0.2619	0.2551	0.2594