2024 MMK to MUR Historical Review

YEARLY HIGH

0.0227 MUR

YEARLY LOW

0.0144 MUR

YEARLY AVERAGE

0.0218 MUR

2024 MMK to MUR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MMK to MUR exchange rate experienced significant fluctuation. The market reached its absolute peak on April 15, valuing the pair at 0.0227. Conversely, the yearly low was recorded on July 21, dropping to 0.0144.

This high-to-low spread represents a total annual volatility of 0.0084 MUR. From a start-to-finish perspective, comparing the January average rate of 0.0213 to the December average rate of 0.0223, the exchange rate registered a net change of 4.93% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0227 was up 0.99% compared to the 2023 peak of 0.0225, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 114 MUR

2023 Average 107 MUR

Yearly Trough Low 72 MUR

Transaction Impact: A difference of 41.88 MUR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0225

0.0207

JanuMarcMayJulySeptNove

MMK 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 0.0217, compared to 0.0219 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.0217

H2 Avg (Jul–Dec) 0.0219

Volatility Range Comparison

Volatility

The most volatile month in 2024 was July, with a trading range of 0.0079 MUR (High: 0.0223 / Low: 0.0144). On the other end, May was the most stable month, with a tight range of 0.0002 MUR (High: 0.0221 / Low: 0.0218).

July Spread (Volatile) ±0.0079

May Spread (Stable) ±0.0002

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 May and June, when the average rate fell by 0.0006 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0006

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2024: 0.0221) against the same month in 2023 (average: 0.0215), the exchange rate shifted by +0.0006 (+2.85%).

2024 Avg (April) 0.0221

2023 Avg (April) 0.0215

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0219	0.0210	0.0213
February	0.0224	0.0214	0.0218
March	0.0222	0.0201	0.0219
April	0.0227	0.0219	0.0221
May	0.0221	0.0218	0.0220
June	0.0225	0.0189	0.0214
July	0.0223	0.0144	0.0208
August	0.0223	0.0219	0.0221
September	0.0222	0.0218	0.0219
October	0.0222	0.0219	0.0220
November	0.0226	0.0218	0.0222
December	0.0225	0.0221	0.0223