2024 MDL to MUR Historical Review

YEARLY HIGH

2.7083 MUR

YEARLY LOW

2.4085 MUR

YEARLY AVERAGE

2.6053 MUR

2024 MDL to MUR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MDL to MUR exchange rate experienced significant fluctuation. The market reached its absolute peak on April 15, valuing the pair at 2.7083. Conversely, the yearly low was recorded on March 12, dropping to 2.4085.

This high-to-low spread represents a total annual volatility of 0.2998 MUR. From a start-to-finish perspective, comparing the January average rate of 2.5353 to the December average rate of 2.5572, the exchange rate registered a net change of 0.87% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 2.7083 was up 2.09% compared to the 2023 peak of 2.6528, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 13,541 MUR

2023 Average 12,468 MUR

Yearly Trough Low 12,042 MUR

Transaction Impact: A difference of 1,498.89 MUR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

2.6610

2.5238

JanuMarcMayJulySeptNove

MDL 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 2.5956, compared to 2.6150 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0194 points.

H1 Avg (Jan–Jun) 2.5956

H2 Avg (Jul–Dec) 2.6150

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 0.2257 MUR (High: 2.6342 / Low: 2.4085). On the other end, July was the most stable month, with a tight range of 0.0342 MUR (High: 2.6564 / Low: 2.6222).

March Spread (Volatile) ±0.2257

July Spread (Stable) ±0.0342

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 October and November, when the average rate fell by 0.0331 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0331

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2024: 2.6210) against the same month in 2023 (average: 2.5027), the exchange rate shifted by +0.1183 (+4.73%).

2024 Avg (April) 2.6210

2023 Avg (April) 2.5027

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.5926	2.4964	2.5353
February	2.6331	2.5325	2.5759
March	2.6342	2.4085	2.6006
April	2.7083	2.5980	2.6210
May	2.6336	2.5910	2.6115
June	2.6472	2.5895	2.6295
July	2.6564	2.6222	2.6397
August	2.6880	2.6235	2.6496
September	2.6898	2.6090	2.6467
October	2.6639	2.5618	2.6150
November	2.6318	2.5419	2.5819
December	2.5809	2.5379	2.5572