YEARLY HIGH
2.6186 BDT
YEARLY LOW
2.2974 BDT
YEARLY AVERAGE
2.4987 BDT

2024 MUR to BDT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MUR to BDT exchange rate experienced significant fluctuation. The market reached its absolute peak on September 25, valuing the pair at 2.6186. Conversely, the yearly low was recorded on April 15, dropping to 2.2974.

This high-to-low spread represents a total annual volatility of 0.3212 BDT. From a start-to-finish perspective, comparing the January average rate of 2.4566 to the December average rate of 2.5505, the exchange rate registered a net change of 3.82% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 2.6186 was up 4.22% compared to the 2023 peak of 2.5125, 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 13,093 BDT
2023 Average 11,982 BDT
Yearly Trough Low 11,487 BDT
Transaction Impact: A difference of 1,605.86 BDT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

2.6223
2.3381
JanuMarcMayJulySeptNove

MUR to BDT 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 2.4363, compared to 2.5611 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1247 points.

H1 Avg (Jan–Jun) 2.4363
H2 Avg (Jul–Dec) 2.5611

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 0.2365 BDT (High: 2.5959 / Low: 2.3594). On the other end, July was the most stable month, with a tight range of 0.0374 BDT (High: 2.5273 / Low: 2.4900).

March Spread (Volatile) ±0.2365
July Spread (Stable) ±0.0374

Growth Streaks & Declines

Trends

Between April and June, 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 0.0624 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0624

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 2.5986) against the same month in 2023 (average: 2.4407), the exchange rate shifted by +0.1579 (+6.47%).

2024 Avg (September) 2.5986
2023 Avg (September) 2.4407

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.4940 2.3911 2.4566
February 2.4372 2.3352 2.3942
March 2.5959 2.3594 2.3899
April 2.3829 2.2974 2.3618
May 2.5546 2.3666 2.4938
June 2.5819 2.4872 2.5217
July 2.5273 2.4900 2.5137
August 2.5970 2.4907 2.5515
September 2.6186 2.5622 2.5986
October 2.6046 2.5641 2.5864
November 2.6092 2.5192 2.5657
December 2.5698 2.5216 2.5505