2024 MUR to DKK Historical Review

YEARLY HIGH

0.1614 DKK

YEARLY LOW

0.1444 DKK

YEARLY AVERAGE

0.1493 DKK

2024 MUR to DKK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MUR to DKK exchange rate experienced significant fluctuation. The market reached its absolute peak on March 12, valuing the pair at 0.1614. Conversely, the yearly low was recorded on August 24, dropping to 0.1444.

This high-to-low spread represents a total annual volatility of 0.0171 DKK. From a start-to-finish perspective, comparing the January average rate of 0.1530 to the December average rate of 0.1521, the exchange rate registered a net change of -0.64% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.1614 was down 0.20% compared to the 2023 peak of 0.1618, 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 807 DKK

2023 Average 764 DKK

Yearly Trough Low 722 DKK

Transaction Impact: A difference of 85.38 DKK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.1538

0.1453

JanuMarcMayJulySeptNove

MUR to DKK 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 0.1502, compared to 0.1484 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) 0.1502

H2 Avg (Jul–Dec) 0.1484

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 0.0135 DKK (High: 0.1614 / Low: 0.1479). On the other end, May was the most stable month, with a tight range of 0.0013 DKK (High: 0.1502 / Low: 0.1489).

March Spread (Volatile) ±0.0135

May Spread (Stable) ±0.0013

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 January and February, when the average rate fell by 0.0024 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0024

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2024: 0.1495) against the same month in 2023 (average: 0.1497), the exchange rate shifted by -0.0002 (-0.14%).

2024 Avg (March) 0.1495

2023 Avg (March) 0.1497

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1548	0.1496	0.1530
February	0.1532	0.1471	0.1506
March	0.1614	0.1479	0.1495
April	0.1511	0.1471	0.1498
May	0.1502	0.1489	0.1497
June	0.1511	0.1472	0.1488
July	0.1487	0.1462	0.1471
August	0.1483	0.1444	0.1461
September	0.1472	0.1448	0.1460
October	0.1508	0.1458	0.1481
November	0.1535	0.1482	0.1507
December	0.1548	0.1508	0.1521