2024 MUR to EUR Historical Review

YEARLY HIGH

0.0217 EUR

YEARLY LOW

0.0193 EUR

YEARLY AVERAGE

0.0200 EUR

2024 MUR to EUR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MUR to EUR exchange rate experienced significant fluctuation. The market reached its absolute peak on March 12, valuing the pair at 0.0217. Conversely, the yearly low was recorded on August 23, dropping to 0.0193.

This high-to-low spread represents a total annual volatility of 0.0023 EUR. From a start-to-finish perspective, comparing the January average rate of 0.0205 to the December average rate of 0.0204, 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 0.0217 was down 0.46% compared to the 2023 peak of 0.0218, 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 108 EUR

2023 Average 102 EUR

Yearly Trough Low 97 EUR

Transaction Impact: A difference of 11.59 EUR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0206

0.0195

JanuMarcMayJulySeptNove

MUR to EUR 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 0.0201, compared to 0.0199 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0003 points.

H1 Avg (Jan–Jun) 0.0201

H2 Avg (Jul–Dec) 0.0199

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 0.0018 EUR (High: 0.0217 / Low: 0.0198). On the other end, May was the most stable month, with a tight range of 0.0002 EUR (High: 0.0201 / Low: 0.0200).

March Spread (Volatile) ±0.0018

May Spread (Stable) ±0.0002

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 0.0003 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0003

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2024: 0.0200) against the same month in 2023 (average: 0.0201), the exchange rate shifted by -0.0000 (-0.25%).

2024 Avg (March) 0.0200

2023 Avg (March) 0.0201

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0208	0.0201	0.0205
February	0.0205	0.0197	0.0202
March	0.0217	0.0198	0.0200
April	0.0202	0.0197	0.0201
May	0.0201	0.0200	0.0201
June	0.0203	0.0197	0.0199
July	0.0199	0.0196	0.0197
August	0.0199	0.0193	0.0196
September	0.0197	0.0194	0.0196
October	0.0202	0.0195	0.0198
November	0.0206	0.0199	0.0202
December	0.0207	0.0202	0.0204