YEARLY HIGH
0.1431 BRL
YEARLY LOW
0.1057 BRL
YEARLY AVERAGE
0.1167 BRL

2024 MUR to BRL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MUR to BRL exchange rate experienced significant fluctuation. The market reached its absolute peak on December 25, valuing the pair at 0.1431. Conversely, the yearly low was recorded on February 17, dropping to 0.1057.

This high-to-low spread represents a total annual volatility of 0.0374 BRL. From a start-to-finish perspective, comparing the January average rate of 0.1099 to the December average rate of 0.1307, the exchange rate registered a net change of 18.94% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.1431 was up 14.87% compared to the 2023 peak of 0.1245, 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 715 BRL
2023 Average 554 BRL
Yearly Trough Low 528 BRL
Transaction Impact: A difference of 186.89 BRL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.1329
0.1060
JanuMarcMayJulySeptNove

MUR to BRL 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 0.1107, compared to 0.1226 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0119 points.

H1 Avg (Jan–Jun) 0.1107
H2 Avg (Jul–Dec) 0.1226

Volatility Range Comparison

Volatility

The most volatile month in 2024 was December, with a trading range of 0.0154 BRL (High: 0.1431 / Low: 0.1277). On the other end, May was the most stable month, with a tight range of 0.0043 BRL (High: 0.1140 / Low: 0.1096).

December Spread (Volatile) ±0.0154
May Spread (Stable) ±0.0043

Growth Streaks & Declines

Trends

Between February and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 10 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0016 points.

Longest Streak 10 Mo.
Sharpest MoM Drop -0.0016

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.1307) against the same month in 2023 (average: 0.1109), the exchange rate shifted by +0.0198 (+17.83%).

2024 Avg (December) 0.1307
2023 Avg (December) 0.1109

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1125 0.1070 0.1099
February 0.1101 0.1057 0.1083
March 0.1176 0.1073 0.1086
April 0.1132 0.1085 0.1104
May 0.1140 0.1096 0.1114
June 0.1185 0.1134 0.1158
July 0.1213 0.1158 0.1186
August 0.1233 0.1169 0.1199
September 0.1231 0.1183 0.1204
October 0.1256 0.1174 0.1216
November 0.1294 0.1220 0.1246
December 0.1431 0.1277 0.1307