2024 MUR to BOB Historical Review

YEARLY HIGH

0.1634 BOB

YEARLY LOW

0.1447 BOB

YEARLY AVERAGE

0.1497 BOB

2024 MUR to BOB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MUR to BOB exchange rate experienced significant fluctuation. The market reached its absolute peak on March 12, valuing the pair at 0.1634. Conversely, the yearly low was recorded on April 15, dropping to 0.1447.

This high-to-low spread represents a total annual volatility of 0.0188 BOB. From a start-to-finish perspective, comparing the January average rate of 0.1547 to the December average rate of 0.1475, the exchange rate registered a net change of -4.62% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.1634 was up 3.18% compared to the 2023 peak of 0.1584, 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 817 BOB

2023 Average 766 BOB

Yearly Trough Low 723 BOB

Transaction Impact: A difference of 93.91 BOB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.1554

0.1468

JanuMarcMayJulySeptNove

MUR to BOB 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 0.1505, compared to 0.1488 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0017 points.

H1 Avg (Jan–Jun) 0.1505

H2 Avg (Jul–Dec) 0.1488

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 0.0149 BOB (High: 0.1634 / Low: 0.1485). On the other end, May was the most stable month, with a tight range of 0.0017 BOB (High: 0.1507 / Low: 0.1490).

March Spread (Volatile) ±0.0149

May Spread (Stable) ±0.0017

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 0.0039 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0039

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2024: 0.1505) against the same month in 2023 (average: 0.1485), the exchange rate shifted by +0.0020 (+1.34%).

2024 Avg (March) 0.1505

2023 Avg (March) 0.1485

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1570	0.1506	0.1547
February	0.1535	0.1470	0.1508
March	0.1634	0.1485	0.1505
April	0.1504	0.1447	0.1490
May	0.1507	0.1490	0.1499
June	0.1519	0.1463	0.1483
July	0.1486	0.1464	0.1478
August	0.1502	0.1465	0.1491
September	0.1514	0.1482	0.1503
October	0.1508	0.1484	0.1497
November	0.1512	0.1457	0.1485
December	0.1486	0.1458	0.1475