YEARLY HIGH
0.0473 BBD
YEARLY LOW
0.0419 BBD
YEARLY AVERAGE
0.0433 BBD

2024 MUR to BBD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MUR to BBD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 12, valuing the pair at 0.0473. Conversely, the yearly low was recorded on April 15, dropping to 0.0419.

This high-to-low spread represents a total annual volatility of 0.0054 BBD. From a start-to-finish perspective, comparing the January average rate of 0.0448 to the December average rate of 0.0427, the exchange rate registered a net change of -4.64% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0473 was up 3.04% compared to the 2023 peak of 0.0459, 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 237 BBD
2023 Average 222 BBD
Yearly Trough Low 209 BBD
Transaction Impact: A difference of 27.15 BBD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0450
0.0425
JanuMarcMayJulySeptNove

MUR to BBD 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 0.0436, compared to 0.0431 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) 0.0436
H2 Avg (Jul–Dec) 0.0431

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 0.0042 BBD (High: 0.0473 / Low: 0.0431). On the other end, May was the most stable month, with a tight range of 0.0006 BBD (High: 0.0437 / Low: 0.0431).

March Spread (Volatile) ±0.0042
May Spread (Stable) ±0.0006

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 0.0012 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0012

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2024: 0.0436) against the same month in 2023 (average: 0.0431), the exchange rate shifted by +0.0005 (+1.21%).

2024 Avg (March) 0.0436
2023 Avg (March) 0.0431

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0454 0.0436 0.0448
February 0.0445 0.0426 0.0436
March 0.0473 0.0431 0.0436
April 0.0434 0.0419 0.0431
May 0.0437 0.0431 0.0434
June 0.0437 0.0424 0.0429
July 0.0430 0.0424 0.0428
August 0.0434 0.0428 0.0432
September 0.0438 0.0429 0.0435
October 0.0436 0.0429 0.0433
November 0.0436 0.0422 0.0429
December 0.0431 0.0424 0.0427