2024 MUR to COP Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
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.
Comparing the value generated converting 5,000 MUR based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
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)
SeasonalThe 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.
Volatility Range Comparison
VolatilityThe 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).
Growth Streaks & Declines
TrendsBetween 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.
Same-Month Historical Baseline
YoY BaselineComparing 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%).
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 |