YEARLY HIGH
1.9579 BTN
YEARLY LOW
1.7465 BTN
YEARLY AVERAGE
1.8112 BTN

2024 MUR to BTN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MUR to BTN exchange rate experienced significant fluctuation. The market reached its absolute peak on March 12, valuing the pair at 1.9579. Conversely, the yearly low was recorded on April 15, dropping to 1.7465.

This high-to-low spread represents a total annual volatility of 0.2114 BTN. From a start-to-finish perspective, comparing the January average rate of 1.8604 to the December average rate of 1.8136, the exchange rate registered a net change of -2.52% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 1.9579 was up 2.80% compared to the 2023 peak of 1.9045, 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 9,789 BTN
2023 Average 9,155 BTN
Yearly Trough Low 8,732 BTN
Transaction Impact: A difference of 1,056.96 BTN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

1.8676
1.7810
JanuMarcMayJulySeptNove

MUR to BTN 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 1.8120, compared to 1.8104 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0016 points.

H1 Avg (Jan–Jun) 1.8120
H2 Avg (Jul–Dec) 1.8104

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 0.1630 BTN (High: 1.9579 / Low: 1.7949). On the other end, May was the most stable month, with a tight range of 0.0179 BTN (High: 1.8176 / Low: 1.7997).

March Spread (Volatile) ±0.1630
May Spread (Stable) ±0.0179

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 0.0503 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0503

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2024: 1.8079) against the same month in 2023 (average: 1.7698), the exchange rate shifted by +0.0381 (+2.15%).

2024 Avg (March) 1.8079
2023 Avg (March) 1.7698

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.9088 1.8118 1.8604
February 1.8441 1.7661 1.8101
March 1.9579 1.7949 1.8079
April 1.8078 1.7465 1.7942
May 1.8176 1.7997 1.8077
June 1.8340 1.7637 1.7918
July 1.7993 1.7690 1.7882
August 1.8243 1.7749 1.8094
September 1.8327 1.8001 1.8222
October 1.8344 1.8018 1.8185
November 1.8363 1.7793 1.8106
December 1.8268 1.7940 1.8136