2024 MUR to CNY Historical Review

YEARLY HIGH

0.1699 CNY

YEARLY LOW

0.1507 CNY

YEARLY AVERAGE

0.1554 CNY

2024 MUR to CNY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MUR to CNY exchange rate experienced significant fluctuation. The market reached its absolute peak on March 12, valuing the pair at 0.1699. Conversely, the yearly low was recorded on October 7, dropping to 0.1507.

This high-to-low spread represents a total annual volatility of 0.0192 CNY. From a start-to-finish perspective, comparing the January average rate of 0.1592 to the December average rate of 0.1555, the exchange rate registered a net change of -2.34% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.1699 was up 2.75% compared to the 2023 peak of 0.1654, 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 850 CNY

2023 Average 785 CNY

Yearly Trough Low 754 CNY

Transaction Impact: A difference of 96.01 CNY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.1598

0.1528

JanuMarcMayJulySeptNove

MUR to CNY 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 0.1563, compared to 0.1545 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0019 points.

H1 Avg (Jan–Jun) 0.1563

H2 Avg (Jul–Dec) 0.1545

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 0.0149 CNY (High: 0.1699 / Low: 0.1550). On the other end, December was the most stable month, with a tight range of 0.0021 CNY (High: 0.1567 / Low: 0.1546).

March Spread (Volatile) ±0.0149

December Spread (Stable) ±0.0021

Growth Streaks & Declines

Trends

Between October and December, 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 0.0031 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0031

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2024: 0.1568) against the same month in 2023 (average: 0.1484), the exchange rate shifted by +0.0084 (+5.68%).

2024 Avg (March) 0.1568

2023 Avg (March) 0.1484

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1623	0.1547	0.1592
February	0.1586	0.1515	0.1561
March	0.1699	0.1550	0.1568
April	0.1569	0.1516	0.1556
May	0.1575	0.1528	0.1554
June	0.1583	0.1521	0.1549
July	0.1562	0.1532	0.1553
August	0.1553	0.1527	0.1543
September	0.1549	0.1526	0.1538
October	0.1554	0.1507	0.1533
November	0.1565	0.1524	0.1547
December	0.1567	0.1546	0.1555