2024 MUR to BRL Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
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.
Comparing the value generated converting 5,000 MUR based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
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)
SeasonalThe 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.
Volatility Range Comparison
VolatilityThe 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).
Growth Streaks & Declines
TrendsBetween 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.
Same-Month Historical Baseline
YoY BaselineComparing 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%).
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 |