YEARLY HIGH
97.0972 COP
YEARLY LOW
81.0801 COP
YEARLY AVERAGE
88.1464 COP

2024 MUR to COP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MUR to COP exchange rate experienced significant fluctuation. The market reached its absolute peak on November 4, valuing the pair at 97.0972. Conversely, the yearly low was recorded on April 15, dropping to 81.0801.

This high-to-low spread represents a total annual volatility of 16.0171 COP. From a start-to-finish perspective, comparing the January average rate of 87.7475 to the December average rate of 93.7600, the exchange rate registered a net change of 6.85% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 97.0972 was down 14.67% compared to the 2023 peak of 113.7847, 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 485,486 COP
2023 Average 479,151 COP
Yearly Trough Low 405,401 COP
Transaction Impact: A difference of 80,085.28 COP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

95.7127
82.0657
JanuMarcMayJulySeptNove

MUR to COP 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 85.3972, compared to 90.8955 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 5.4982 points.

H1 Avg (Jan–Jun) 85.3972
H2 Avg (Jul–Dec) 90.8955

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 9.5900 COP (High: 92.6649 / Low: 83.0749). On the other end, May was the most stable month, with a tight range of 1.7497 COP (High: 84.4669 / Low: 82.7172).

March Spread (Volatile) ±9.5900
May Spread (Stable) ±1.7497

Growth Streaks & Declines

Trends

Between July and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 2.0700 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -2.0700

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2024: 94.5755) against the same month in 2023 (average: 91.1441), the exchange rate shifted by +3.4314 (+3.76%).

2024 Avg (November) 94.5755
2023 Avg (November) 91.1441

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 89.4862 85.2131 87.7475
February 87.0858 83.1299 85.6775
March 92.6649 83.0749 84.9374
April 85.5791 81.0801 83.2030
May 84.4669 82.7172 83.8044
June 89.3646 83.1329 87.0136
July 88.5818 84.6849 86.4206
August 89.6788 86.5161 87.5593
September 93.2642 89.0120 90.9686
October 95.6881 89.0139 92.0887
November 97.0972 92.5674 94.5755
December 95.5526 92.1888 93.7600