2024 MUR to EGP Historical Review

YEARLY HIGH

1.1546 EGP

YEARLY LOW

0.6570 EGP

YEARLY AVERAGE

0.9798 EGP

2024 MUR to EGP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MUR to EGP exchange rate experienced significant fluctuation. The market reached its absolute peak on March 12, valuing the pair at 1.1546. Conversely, the yearly low was recorded on February 18, dropping to 0.6570.

This high-to-low spread represents a total annual volatility of 0.4975 EGP. From a start-to-finish perspective, comparing the January average rate of 0.6915 to the December average rate of 1.0795, the exchange rate registered a net change of 56.11% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 1.1546 was up 63.94% compared to the 2023 peak of 0.7043, 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 5,773 EGP

2023 Average 3,399 EGP

Yearly Trough Low 3,285 EGP

Transaction Impact: A difference of 2,487.60 EGP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

1.1201

0.6336

JanuMarcMayJulySeptNove

MUR to EGP 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 0.9046, compared to 1.0550 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1504 points.

H1 Avg (Jan–Jun) 0.9046

H2 Avg (Jul–Dec) 1.0550

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 0.4806 EGP (High: 1.1546 / Low: 0.6740). On the other end, October was the most stable month, with a tight range of 0.0232 EGP (High: 1.0623 / Low: 1.0391).

March Spread (Volatile) ±0.4806

October Spread (Stable) ±0.0232

Growth Streaks & Declines

Trends

Between February and April, 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 0.0174 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0174

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2024: 0.9832) against the same month in 2023 (average: 0.6632), the exchange rate shifted by +0.3199 (+48.24%).

2024 Avg (March) 0.9832

2023 Avg (March) 0.6632

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.7025	0.6736	0.6915
February	0.6874	0.6570	0.6742
March	1.1546	0.6740	0.9832
April	1.0420	1.0105	1.0291
May	1.0373	1.0129	1.0254
June	1.0418	1.0127	1.0240
July	1.0411	1.0167	1.0308
August	1.0653	1.0401	1.0556
September	1.0642	1.0402	1.0533
October	1.0623	1.0391	1.0508
November	1.0738	1.0446	1.0599
December	1.0922	1.0641	1.0795