2024 MUR to BAM Historical Review

YEARLY HIGH

0.0423 BAM

YEARLY LOW

0.0378 BAM

YEARLY AVERAGE

0.0391 BAM

2024 MUR to BAM Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MUR to BAM exchange rate experienced significant fluctuation. The market reached its absolute peak on March 12, valuing the pair at 0.0423. Conversely, the yearly low was recorded on August 25, dropping to 0.0378.

This high-to-low spread represents a total annual volatility of 0.0045 BAM. From a start-to-finish perspective, comparing the January average rate of 0.0401 to the December average rate of 0.0398, the exchange rate registered a net change of -0.68% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0423 was down 0.77% compared to the 2023 peak of 0.0426, 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 212 BAM

2023 Average 201 BAM

Yearly Trough Low 189 BAM

Transaction Impact: A difference of 22.58 BAM purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0403

0.0381

JanuMarcMayJulySeptNove

MUR to BAM 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 0.0394, compared to 0.0389 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) 0.0394

H2 Avg (Jul–Dec) 0.0389

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 0.0034 BAM (High: 0.0423 / Low: 0.0389). On the other end, September was the most stable month, with a tight range of 0.0005 BAM (High: 0.0385 / Low: 0.0380).

March Spread (Volatile) ±0.0034

September 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 January and February, when the average rate fell by 0.0006 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0006

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2024: 0.0392) against the same month in 2023 (average: 0.0393), the exchange rate shifted by -0.0001 (-0.32%).

2024 Avg (March) 0.0392

2023 Avg (March) 0.0393

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0406	0.0392	0.0401
February	0.0402	0.0386	0.0395
March	0.0423	0.0389	0.0392
April	0.0395	0.0384	0.0392
May	0.0395	0.0390	0.0392
June	0.0395	0.0387	0.0390
July	0.0390	0.0384	0.0386
August	0.0388	0.0378	0.0384
September	0.0385	0.0380	0.0383
October	0.0396	0.0382	0.0388
November	0.0401	0.0390	0.0395
December	0.0402	0.0396	0.0398