2024 MUR to CAD Historical Review

YEARLY HIGH

0.0319 CAD

YEARLY LOW

0.0287 CAD

YEARLY AVERAGE

0.0297 CAD

2024 MUR to CAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MUR to CAD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 12, valuing the pair at 0.0319. Conversely, the yearly low was recorded on February 18, dropping to 0.0287.

This high-to-low spread represents a total annual volatility of 0.0032 CAD. From a start-to-finish perspective, comparing the January average rate of 0.0300 to the December average rate of 0.0304, the exchange rate registered a net change of 1.36% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0319 was up 1.77% compared to the 2023 peak of 0.0314, 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 160 CAD

2023 Average 150 CAD

Yearly Trough Low 143 CAD

Transaction Impact: A difference of 16.23 CAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0306

0.0292

JanuMarcMayJulySeptNove

MUR to CAD 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 0.0296, compared to 0.0298 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.0296

H2 Avg (Jul–Dec) 0.0298

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 0.0028 CAD (High: 0.0319 / Low: 0.0291). On the other end, May was the most stable month, with a tight range of 0.0003 CAD (High: 0.0298 / Low: 0.0295).

March Spread (Volatile) ±0.0028

May Spread (Stable) ±0.0003

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 0.0006 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0006

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2024: 0.0295) against the same month in 2023 (average: 0.0295), the exchange rate shifted by +0.0000 (+0.03%).

2024 Avg (March) 0.0295

2023 Avg (March) 0.0295

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0304	0.0292	0.0300
February	0.0299	0.0287	0.0294
March	0.0319	0.0291	0.0295
April	0.0297	0.0289	0.0294
May	0.0298	0.0295	0.0296
June	0.0301	0.0290	0.0294
July	0.0298	0.0288	0.0293
August	0.0298	0.0290	0.0295
September	0.0297	0.0290	0.0295
October	0.0302	0.0292	0.0298
November	0.0305	0.0296	0.0300
December	0.0310	0.0301	0.0304