YEARLY HIGH
0.0185 GBP
YEARLY LOW
0.0162 GBP
YEARLY AVERAGE
0.0169 GBP

2024 MUR to GBP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MUR to GBP exchange rate experienced significant fluctuation. The market reached its absolute peak on March 12, valuing the pair at 0.0185. Conversely, the yearly low was recorded on September 24, dropping to 0.0162.

This high-to-low spread represents a total annual volatility of 0.0023 GBP. From a start-to-finish perspective, comparing the January average rate of 0.0176 to the December average rate of 0.0169, the exchange rate registered a net change of -4.08% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0185 was down 3.78% compared to the 2023 peak of 0.0192, 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 92 GBP
2023 Average 89 GBP
Yearly Trough Low 81 GBP
Transaction Impact: A difference of 11.27 GBP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0177
0.0163
JanuMarcMayJulySeptNove

MUR to GBP 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 0.0172, compared to 0.0167 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0005 points.

H1 Avg (Jan–Jun) 0.0172
H2 Avg (Jul–Dec) 0.0167

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 0.0015 GBP (High: 0.0185 / Low: 0.0169). On the other end, December was the most stable month, with a tight range of 0.0003 GBP (High: 0.0171 / Low: 0.0168).

March Spread (Volatile) ±0.0015
December Spread (Stable) ±0.0003

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: 0.0171) against the same month in 2023 (average: 0.0177), the exchange rate shifted by -0.0006 (-3.33%).

2024 Avg (March) 0.0171
2023 Avg (March) 0.0177

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0180 0.0171 0.0176
February 0.0176 0.0169 0.0173
March 0.0185 0.0169 0.0171
April 0.0174 0.0168 0.0172
May 0.0173 0.0170 0.0172
June 0.0172 0.0167 0.0169
July 0.0169 0.0165 0.0166
August 0.0170 0.0163 0.0167
September 0.0167 0.0162 0.0164
October 0.0169 0.0163 0.0166
November 0.0171 0.0166 0.0168
December 0.0171 0.0168 0.0169