YEARLY HIGH
0.3201 BWP
YEARLY LOW
0.2828 BWP
YEARLY AVERAGE
0.2936 BWP

2024 MUR to BWP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MUR to BWP exchange rate experienced significant fluctuation. The market reached its absolute peak on March 12, valuing the pair at 0.3201. Conversely, the yearly low was recorded on October 2, dropping to 0.2828.

This high-to-low spread represents a total annual volatility of 0.0372 BWP. From a start-to-finish perspective, comparing the January average rate of 0.3040 to the December average rate of 0.2928, the exchange rate registered a net change of -3.69% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.3201 was up 2.17% compared to the 2023 peak of 0.3133, 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 1,600 BWP
2023 Average 1,481 BWP
Yearly Trough Low 1,414 BWP
Transaction Impact: A difference of 186.25 BWP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.3056
0.2863
JanuMarcMayJulySeptNove

MUR to BWP 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 0.2974, compared to 0.2898 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0076 points.

H1 Avg (Jan–Jun) 0.2974
H2 Avg (Jul–Dec) 0.2898

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 0.0247 BWP (High: 0.3201 / Low: 0.2954). On the other end, July was the most stable month, with a tight range of 0.0045 BWP (High: 0.2922 / Low: 0.2877).

March Spread (Volatile) ±0.0247
July Spread (Stable) ±0.0045

Growth Streaks & Declines

Trends

Between September and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0050 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0050

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2024: 0.2977) against the same month in 2023 (average: 0.2846), the exchange rate shifted by +0.0131 (+4.60%).

2024 Avg (March) 0.2977
2023 Avg (March) 0.2846

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.3093 0.2964 0.3040
February 0.3027 0.2913 0.2990
March 0.3201 0.2954 0.2977
April 0.3062 0.2887 0.2960
May 0.3063 0.2922 0.2950
June 0.3022 0.2874 0.2925
July 0.2922 0.2877 0.2899
August 0.2943 0.2853 0.2896
September 0.2906 0.2836 0.2879
October 0.2908 0.2828 0.2879
November 0.2951 0.2864 0.2907
December 0.2975 0.2878 0.2928