2024 MUR to AZN Historical Review

YEARLY HIGH

0.0402 AZN

YEARLY LOW

0.0356 AZN

YEARLY AVERAGE

0.0368 AZN

2024 MUR to AZN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MUR to AZN exchange rate experienced significant fluctuation. The market reached its absolute peak on March 12, valuing the pair at 0.0402. Conversely, the yearly low was recorded on April 15, dropping to 0.0356.

This high-to-low spread represents a total annual volatility of 0.0046 AZN. From a start-to-finish perspective, comparing the January average rate of 0.0381 to the December average rate of 0.0363, the exchange rate registered a net change of -4.66% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0402 was up 3.04% compared to the 2023 peak of 0.0390, 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 201 AZN

2023 Average 189 AZN

Yearly Trough Low 178 AZN

Transaction Impact: A difference of 23.07 AZN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0382

0.0361

JanuMarcMayJulySeptNove

MUR to AZN 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 0.0370, compared to 0.0366 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0004 points.

H1 Avg (Jan–Jun) 0.0370

H2 Avg (Jul–Dec) 0.0366

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 0.0036 AZN (High: 0.0402 / Low: 0.0366). On the other end, May was the most stable month, with a tight range of 0.0005 AZN (High: 0.0371 / Low: 0.0367).

March Spread (Volatile) ±0.0036

May Spread (Stable) ±0.0005

Growth Streaks & Declines

Trends

Between July and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0010 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0010

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2024: 0.0371) against the same month in 2023 (average: 0.0366), the exchange rate shifted by +0.0004 (+1.22%).

2024 Avg (March) 0.0371

2023 Avg (March) 0.0366

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0386	0.0371	0.0381
February	0.0378	0.0362	0.0371
March	0.0402	0.0366	0.0371
April	0.0369	0.0356	0.0366
May	0.0371	0.0367	0.0369
June	0.0371	0.0360	0.0365
July	0.0366	0.0360	0.0364
August	0.0369	0.0364	0.0367
September	0.0372	0.0365	0.0370
October	0.0371	0.0365	0.0368
November	0.0371	0.0358	0.0365
December	0.0366	0.0360	0.0363