YEARLY HIGH
0.0358 AUD
YEARLY LOW
0.0314 AUD
YEARLY AVERAGE
0.0328 AUD

2024 MUR to AUD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MUR to AUD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 12, valuing the pair at 0.0358. Conversely, the yearly low was recorded on October 2, dropping to 0.0314.

This high-to-low spread represents a total annual volatility of 0.0044 AUD. From a start-to-finish perspective, comparing the January average rate of 0.0337 to the December average rate of 0.0338, the exchange rate registered a net change of 0.19% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0358 was down 0.21% compared to the 2023 peak of 0.0359, 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 179 AUD
2023 Average 167 AUD
Yearly Trough Low 157 AUD
Transaction Impact: A difference of 22.00 AUD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0339
0.0319
JanuMarcMayJulySeptNove

MUR to AUD 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 0.0331, compared to 0.0326 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0005 points.

H1 Avg (Jan–Jun) 0.0331
H2 Avg (Jul–Dec) 0.0326

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 0.0030 AUD (High: 0.0358 / Low: 0.0328). On the other end, May was the most stable month, with a tight range of 0.0005 AUD (High: 0.0330 / Low: 0.0325).

March Spread (Volatile) ±0.0030
May Spread (Stable) ±0.0005

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 May and June, when the average rate fell by 0.0004 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0004

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2024: 0.0332) against the same month in 2023 (average: 0.0322), the exchange rate shifted by +0.0010 (+3.10%).

2024 Avg (March) 0.0332
2023 Avg (March) 0.0322

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0344 0.0329 0.0337
February 0.0341 0.0325 0.0334
March 0.0358 0.0328 0.0332
April 0.0335 0.0325 0.0331
May 0.0330 0.0325 0.0327
June 0.0332 0.0317 0.0323
July 0.0328 0.0315 0.0321
August 0.0332 0.0318 0.0324
September 0.0326 0.0315 0.0321
October 0.0330 0.0314 0.0323
November 0.0333 0.0323 0.0329
December 0.0346 0.0330 0.0338