YEARLY HIGH
2.6752 MUR
YEARLY LOW
2.2710 MUR
YEARLY AVERAGE
2.5224 MUR

2024 LSL to MUR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the LSL to MUR exchange rate experienced significant fluctuation. The market reached its absolute peak on September 29, valuing the pair at 2.6752. Conversely, the yearly low was recorded on March 12, dropping to 2.2710.

This high-to-low spread represents a total annual volatility of 0.4042 MUR. From a start-to-finish perspective, comparing the January average rate of 2.3774 to the December average rate of 2.5707, the exchange rate registered a net change of 8.13% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 2.6752 was up 1.04% compared to the 2023 peak of 2.6478, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 13,376 MUR
2023 Average 12,229 MUR
Yearly Trough Low 11,355 MUR
Transaction Impact: A difference of 2,021.03 MUR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

2.6554
2.3522
JanuMarcMayJulySeptNove

LSL 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 2.4543, compared to 2.5905 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1362 points.

H1 Avg (Jan–Jun) 2.4543
H2 Avg (Jul–Dec) 2.5905

Volatility Range Comparison

Volatility

The most volatile month in 2024 was June, with a trading range of 0.2139 MUR (High: 2.6191 / Low: 2.4051). On the other end, July was the most stable month, with a tight range of 0.0670 MUR (High: 2.6005 / Low: 2.5336).

June Spread (Volatile) ±0.2139
July Spread (Stable) ±0.0670

Growth Streaks & Declines

Trends

Between January and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 9 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0316 points.

Longest Streak 9 Mo.
Sharpest MoM Drop -0.0316

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 2.6116) against the same month in 2023 (average: 2.3728), the exchange rate shifted by +0.2388 (+10.06%).

2024 Avg (September) 2.6116
2023 Avg (September) 2.3728

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.4415 2.3126 2.3774
February 2.4897 2.3652 2.4163
March 2.4633 2.2710 2.4341
April 2.5241 2.4182 2.4620
May 2.5503 2.4676 2.5065
June 2.6191 2.4051 2.5295
July 2.6005 2.5336 2.5632
August 2.6335 2.4989 2.5692
September 2.6752 2.5701 2.6116
October 2.6722 2.6048 2.6301
November 2.6583 2.5541 2.5985
December 2.6592 2.4891 2.5707