YEARLY HIGH
0.1847 GTQ
YEARLY LOW
0.1626 GTQ
YEARLY AVERAGE
0.1681 GTQ

2024 MUR to GTQ Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MUR to GTQ exchange rate experienced significant fluctuation. The market reached its absolute peak on March 12, valuing the pair at 0.1847. Conversely, the yearly low was recorded on December 21, dropping to 0.1626.

This high-to-low spread represents a total annual volatility of 0.0221 GTQ. From a start-to-finish perspective, comparing the January average rate of 0.1750 to the December average rate of 0.1645, the exchange rate registered a net change of -6.00% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.1847 was up 2.64% compared to the 2023 peak of 0.1799, 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 923 GTQ
2023 Average 868 GTQ
Yearly Trough Low 813 GTQ
Transaction Impact: A difference of 110.52 GTQ purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.1761
0.1635
JanuMarcMayJulySeptNove

MUR to GTQ 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 0.1697, compared to 0.1665 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0032 points.

H1 Avg (Jan–Jun) 0.1697
H2 Avg (Jul–Dec) 0.1665

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 0.0170 GTQ (High: 0.1847 / Low: 0.1677). On the other end, May was the most stable month, with a tight range of 0.0018 GTQ (High: 0.1694 / Low: 0.1676).

March Spread (Volatile) ±0.0170
May Spread (Stable) ±0.0018

Growth Streaks & Declines

Trends

Between July and September, 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 0.0047 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0047

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2024: 0.1699) against the same month in 2023 (average: 0.1677), the exchange rate shifted by +0.0022 (+1.32%).

2024 Avg (March) 0.1699
2023 Avg (March) 0.1677

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1778 0.1704 0.1750
February 0.1733 0.1661 0.1704
March 0.1847 0.1677 0.1699
April 0.1691 0.1630 0.1675
May 0.1694 0.1676 0.1685
June 0.1708 0.1645 0.1667
July 0.1669 0.1646 0.1660
August 0.1683 0.1643 0.1671
September 0.1694 0.1658 0.1682
October 0.1685 0.1660 0.1674
November 0.1687 0.1628 0.1658
December 0.1658 0.1626 0.1645