YEARLY HIGH
0.0477 BZD
YEARLY LOW
0.0422 BZD
YEARLY AVERAGE
0.0436 BZD

2024 MUR to BZD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MUR to BZD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 12, valuing the pair at 0.0477. Conversely, the yearly low was recorded on April 15, dropping to 0.0422.

This high-to-low spread represents a total annual volatility of 0.0055 BZD. From a start-to-finish perspective, comparing the January average rate of 0.0451 to the December average rate of 0.0430, the exchange rate registered a net change of -4.79% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0477 was up 3.18% compared to the 2023 peak of 0.0462, 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 238 BZD
2023 Average 223 BZD
Yearly Trough Low 211 BZD
Transaction Impact: A difference of 27.40 BZD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0453
0.0427
JanuMarcMayJulySeptNove

MUR to BZD 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 0.0439, compared to 0.0434 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0005 points.

H1 Avg (Jan–Jun) 0.0439
H2 Avg (Jul–Dec) 0.0434

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 0.0043 BZD (High: 0.0477 / Low: 0.0433). On the other end, May was the most stable month, with a tight range of 0.0005 BZD (High: 0.0439 / Low: 0.0435).

March Spread (Volatile) ±0.0043
May Spread (Stable) ±0.0005

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 0.0011 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0011

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2024: 0.0439) against the same month in 2023 (average: 0.0433), the exchange rate shifted by +0.0006 (+1.40%).

2024 Avg (March) 0.0439
2023 Avg (March) 0.0433

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0458 0.0439 0.0451
February 0.0448 0.0429 0.0440
March 0.0477 0.0433 0.0439
April 0.0438 0.0422 0.0434
May 0.0439 0.0435 0.0437
June 0.0443 0.0427 0.0433
July 0.0434 0.0427 0.0431
August 0.0438 0.0427 0.0435
September 0.0442 0.0432 0.0438
October 0.0439 0.0432 0.0436
November 0.0440 0.0425 0.0433
December 0.0433 0.0424 0.0430