YEARLY HIGH
12.0988 CRC
YEARLY LOW
10.4843 CRC
YEARLY AVERAGE
11.1637 CRC

2024 MUR to CRC Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MUR to CRC exchange rate experienced significant fluctuation. The market reached its absolute peak on March 12, valuing the pair at 12.0988. Conversely, the yearly low was recorded on April 15, dropping to 10.4843.

This high-to-low spread represents a total annual volatility of 1.6145 CRC. From a start-to-finish perspective, comparing the January average rate of 11.5736 to the December average rate of 10.7993, the exchange rate registered a net change of -6.69% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 12.0988 was down 10.60% compared to the 2023 peak of 13.5332, 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 60,494 CRC
2023 Average 60,053 CRC
Yearly Trough Low 52,422 CRC
Transaction Impact: A difference of 8,072.49 CRC purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

11.6511
10.7218
JanuMarcMayJulySeptNove

MUR to CRC 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 11.1917, compared to 11.1356 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0561 points.

H1 Avg (Jan–Jun) 11.1917
H2 Avg (Jul–Dec) 11.1356

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 1.2679 CRC (High: 12.0988 / Low: 10.8309). On the other end, October was the most stable month, with a tight range of 0.1862 CRC (High: 11.2547 / Low: 11.0685).

March Spread (Volatile) ±1.2679
October Spread (Stable) ±0.1862

Growth Streaks & Declines

Trends

Between April and June, 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 0.3248 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.3248

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2024: 11.0802) against the same month in 2023 (average: 11.7453), the exchange rate shifted by -0.6651 (-5.66%).

2024 Avg (March) 11.0802
2023 Avg (March) 11.7453

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 11.8080 11.1344 11.5736
February 11.4206 10.9882 11.2488
March 12.0988 10.8309 11.0802
April 11.0357 10.4843 10.8510
May 11.3171 11.0033 11.1170
June 11.6190 11.0799 11.2797
July 11.4419 11.1305 11.2680
August 11.4408 11.0952 11.3256
September 11.4414 11.0881 11.2943
October 11.2547 11.0685 11.1666
November 11.2054 10.7679 10.9598
December 10.9204 10.6465 10.7993