2024 MUR to ARS Historical Review

YEARLY HIGH

21.9589 ARS

YEARLY LOW

17.7463 ARS

YEARLY AVERAGE

19.8022 ARS

2024 MUR to ARS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MUR to ARS exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 21.9589. Conversely, the yearly low was recorded on February 18, dropping to 17.7463.

This high-to-low spread represents a total annual volatility of 4.2126 ARS. From a start-to-finish perspective, comparing the January average rate of 18.3052 to the December average rate of 21.7729, the exchange rate registered a net change of 18.94% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 21.9589 was up 19.32% compared to the 2023 peak of 18.4031, 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 109,794 ARS

2023 Average 32,953 ARS

Yearly Trough Low 88,731 ARS

Transaction Impact: A difference of 21,063.11 ARS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

22.1309

17.8351

JanuMarcMayJulySeptNove

MUR to ARS 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 18.7179, compared to 20.8864 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.1685 points.

H1 Avg (Jan–Jun) 18.7179

H2 Avg (Jul–Dec) 20.8864

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 1.6707 ARS (High: 20.0383 / Low: 18.3676). On the other end, December was the most stable month, with a tight range of 0.3922 ARS (High: 21.9589 / Low: 21.5667).

March Spread (Volatile) ±1.6707

December Spread (Stable) ±0.3922

Growth Streaks & Declines

Trends

Between February and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 10 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.1121 points.

Longest Streak 10 Mo.

Sharpest MoM Drop -0.1121

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 21.7729) against the same month in 2023 (average: 14.3207), the exchange rate shifted by +7.4522 (+52.04%).

2024 Avg (December) 21.7729

2023 Avg (December) 14.3207

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	18.5315	17.9627	18.3052
February	18.4156	17.7463	18.1931
March	20.0383	18.3676	18.5310
April	18.9251	18.1840	18.6809
May	19.4278	18.8228	19.2038
June	19.8229	19.1566	19.3937
July	20.0161	19.3592	19.7287
August	20.5918	19.7710	20.3051
September	21.2211	20.4483	20.8789
October	21.4767	20.8817	21.1814
November	21.7507	21.1232	21.4514
December	21.9589	21.5667	21.7729