YEARLY HIGH
0.5478 CZK
YEARLY LOW
0.4846 CZK
YEARLY AVERAGE
0.5028 CZK

2024 MUR to CZK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MUR to CZK exchange rate experienced significant fluctuation. The market reached its absolute peak on March 12, valuing the pair at 0.5478. Conversely, the yearly low was recorded on August 24, dropping to 0.4846.

This high-to-low spread represents a total annual volatility of 0.0632 CZK. From a start-to-finish perspective, comparing the January average rate of 0.5073 to the December average rate of 0.5123, the exchange rate registered a net change of 1.00% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.5478 was up 3.34% compared to the 2023 peak of 0.5301, 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 2,739 CZK
2023 Average 2,462 CZK
Yearly Trough Low 2,423 CZK
Transaction Impact: A difference of 316.17 CZK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.5144
0.4891
JanuMarcMayJulySeptNove

MUR to CZK 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 0.5041, compared to 0.5014 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0026 points.

H1 Avg (Jan–Jun) 0.5041
H2 Avg (Jul–Dec) 0.5014

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 0.0477 CZK (High: 0.5478 / Low: 0.5001). On the other end, September was the most stable month, with a tight range of 0.0085 CZK (High: 0.4952 / Low: 0.4867).

March Spread (Volatile) ±0.0477
September Spread (Stable) ±0.0085

Growth Streaks & Declines

Trends

Between September and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0096 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0096

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2024: 0.5071) against the same month in 2023 (average: 0.4762), the exchange rate shifted by +0.0309 (+6.49%).

2024 Avg (March) 0.5071
2023 Avg (March) 0.4762

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.5168 0.4951 0.5073
February 0.5181 0.5009 0.5101
March 0.5478 0.5001 0.5071
April 0.5137 0.4987 0.5075
May 0.5053 0.4926 0.4979
June 0.4993 0.4885 0.4945
July 0.5044 0.4925 0.4986
August 0.5031 0.4846 0.4930
September 0.4952 0.4867 0.4912
October 0.5107 0.4950 0.5022
November 0.5220 0.5032 0.5112
December 0.5212 0.5062 0.5123