2024 MNT to MUR Historical Review

YEARLY HIGH

0.0140 MUR

YEARLY LOW

0.0123 MUR

YEARLY AVERAGE

0.0135 MUR

2024 MNT to MUR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MNT to MUR exchange rate experienced significant fluctuation. The market reached its absolute peak on November 14, valuing the pair at 0.0140. Conversely, the yearly low was recorded on March 12, dropping to 0.0123.

This high-to-low spread represents a total annual volatility of 0.0017 MUR. From a start-to-finish perspective, comparing the January average rate of 0.0129 to the December average rate of 0.0138, the exchange rate registered a net change of 6.46% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0140 was up 0.86% compared to the 2023 peak of 0.0138, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 70 MUR

2023 Average 65 MUR

Yearly Trough Low 61 MUR

Transaction Impact: A difference of 8.53 MUR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0139

0.0129

JanuMarcMayJulySeptNove

MNT 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 0.0133, compared to 0.0136 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0003 points.

H1 Avg (Jan–Jun) 0.0133

H2 Avg (Jul–Dec) 0.0136

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 0.0012 MUR (High: 0.0135 / Low: 0.0123). On the other end, May was the most stable month, with a tight range of 0.0002 MUR (High: 0.0134 / Low: 0.0133).

March Spread (Volatile) ±0.0012

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 April and May, when the average rate fell by 0.0001 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2024: 0.0137) against the same month in 2023 (average: 0.0128), the exchange rate shifted by +0.0009 (+6.96%).

2024 Avg (November) 0.0137

2023 Avg (November) 0.0128

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0133	0.0128	0.0129
February	0.0136	0.0130	0.0133
March	0.0135	0.0123	0.0133
April	0.0138	0.0134	0.0135
May	0.0134	0.0133	0.0134
June	0.0137	0.0133	0.0135
July	0.0138	0.0135	0.0136
August	0.0138	0.0136	0.0136
September	0.0137	0.0134	0.0135
October	0.0137	0.0135	0.0136
November	0.0140	0.0135	0.0137
December	0.0139	0.0137	0.0138