2024 MUR to CLP Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 MUR to CLP Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the MUR to CLP exchange rate experienced significant fluctuation. The market reached its absolute peak on March 12, valuing the pair at 22.5047. Conversely, the yearly low was recorded on May 21, dropping to 19.2673.
This high-to-low spread represents a total annual volatility of 3.2374 CLP. From a start-to-finish perspective, comparing the January average rate of 20.3459 to the December average rate of 20.9993, the exchange rate registered a net change of 3.21% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2024 high of 22.5047 was up 5.52% compared to the 2023 peak of 21.3281, 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 CLP 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 20.4814, compared to 20.3941 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0873 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was March, with a trading range of 2.0337 CLP (High: 22.5047 / Low: 20.4711). On the other end, November was the most stable month, with a tight range of 0.5233 CLP (High: 21.0837 / Low: 20.5604).
Growth Streaks & Declines
TrendsBetween May and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.7064 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (March 2024: 21.0707) against the same month in 2023 (average: 17.3841), the exchange rate shifted by +3.6866 (+21.21%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 20.7819 | 19.8627 | 20.3459 |
| February | 21.6650 | 20.4727 | 21.0725 |
| March | 22.5047 | 20.4711 | 21.0707 |
| April | 21.1522 | 20.3140 | 20.5873 |
| May | 20.7207 | 19.2673 | 19.8809 |
| June | 20.3546 | 19.4649 | 19.9312 |
| July | 20.5545 | 19.4064 | 20.0034 |
| August | 20.5255 | 19.6673 | 20.0583 |
| September | 20.6254 | 19.5680 | 20.1397 |
| October | 20.8531 | 19.6486 | 20.2899 |
| November | 21.0837 | 20.5604 | 20.8742 |
| December | 21.3486 | 20.8128 | 20.9993 |