2024 MUR to GHS Historical Review

YEARLY HIGH

0.3570 GHS

YEARLY LOW

0.2636 GHS

YEARLY AVERAGE

0.3132 GHS

2024 MUR to GHS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MUR to GHS exchange rate experienced significant fluctuation. The market reached its absolute peak on November 4, valuing the pair at 0.3570. Conversely, the yearly low was recorded on January 9, dropping to 0.2636.

This high-to-low spread represents a total annual volatility of 0.0934 GHS. From a start-to-finish perspective, comparing the January average rate of 0.2696 to the December average rate of 0.3156, the exchange rate registered a net change of 17.05% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.3570 was up 26.57% compared to the 2023 peak of 0.2820, 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 1,785 GHS

2023 Average 1,296 GHS

Yearly Trough Low 1,318 GHS

Transaction Impact: A difference of 467.08 GHS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.3540

0.2620

JanuMarcMayJulySeptNove

MUR to GHS 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 0.2906, compared to 0.3358 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0452 points.

H1 Avg (Jan–Jun) 0.2906

H2 Avg (Jul–Dec) 0.3358

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0271 GHS (High: 0.3570 / Low: 0.3298). On the other end, July was the most stable month, with a tight range of 0.0073 GHS (High: 0.3333 / Low: 0.3260).

November Spread (Volatile) ±0.0271

July Spread (Stable) ±0.0073

Growth Streaks & Declines

Trends

Between January and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 9 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0287 points.

Longest Streak 9 Mo.

Sharpest MoM Drop -0.0287

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2024: 0.3443) against the same month in 2023 (average: 0.2701), the exchange rate shifted by +0.0742 (+27.49%).

2024 Avg (November) 0.3443

2023 Avg (November) 0.2701

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2754	0.2636	0.2696
February	0.2766	0.2653	0.2718
March	0.3032	0.2764	0.2818
April	0.2946	0.2816	0.2894
May	0.3216	0.2954	0.3082
June	0.3270	0.3188	0.3229
July	0.3333	0.3260	0.3301
August	0.3400	0.3302	0.3368
September	0.3460	0.3357	0.3414
October	0.3537	0.3405	0.3464
November	0.3570	0.3298	0.3443
December	0.3306	0.3102	0.3156