YEARLY HIGH
2.2447 ALL
YEARLY LOW
1.9236 ALL
YEARLY AVERAGE
2.0153 ALL

2024 MUR to ALL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MUR to ALL exchange rate experienced significant fluctuation. The market reached its absolute peak on March 12, valuing the pair at 2.2447. Conversely, the yearly low was recorded on September 30, dropping to 1.9236.

This high-to-low spread represents a total annual volatility of 0.3212 ALL. From a start-to-finish perspective, comparing the January average rate of 2.1314 to the December average rate of 2.0034, the exchange rate registered a net change of -6.01% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 2.2447 was down 11.90% compared to the 2023 peak of 2.5480, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 11,224 ALL
2023 Average 11,151 ALL
Yearly Trough Low 9,618 ALL
Transaction Impact: A difference of 1,605.93 ALL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

2.1500
1.9265
JanuMarcMayJulySeptNove

MUR to ALL 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 2.0598, compared to 1.9708 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0890 points.

H1 Avg (Jan–Jun) 2.0598
H2 Avg (Jul–Dec) 1.9708

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 0.2010 ALL (High: 2.2447 / Low: 2.0437). On the other end, July was the most stable month, with a tight range of 0.0293 ALL (High: 1.9978 / Low: 1.9685).

March Spread (Volatile) ±0.2010
July Spread (Stable) ±0.0293

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 March and April, when the average rate fell by 0.0359 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0359

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2024: 2.0729) against the same month in 2023 (average: 2.3012), the exchange rate shifted by -0.2283 (-9.92%).

2024 Avg (March) 2.0729
2023 Avg (March) 2.3012

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.1568 2.0834 2.1314
February 2.1382 2.0502 2.0985
March 2.2447 2.0437 2.0729
April 2.0608 1.9873 2.0370
May 2.0319 2.0020 2.0170
June 2.0260 1.9834 2.0021
July 1.9978 1.9685 1.9786
August 1.9887 1.9372 1.9588
September 1.9615 1.9236 1.9452
October 1.9933 1.9284 1.9584
November 2.0129 1.9485 1.9804
December 2.0244 1.9853 2.0034