2024 MUR to HKD Historical Review

YEARLY HIGH

0.1851 HKD

YEARLY LOW

0.1640 HKD

YEARLY AVERAGE

0.1690 HKD

2024 MUR to HKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MUR to HKD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 12, valuing the pair at 0.1851. Conversely, the yearly low was recorded on April 15, dropping to 0.1640.

This high-to-low spread represents a total annual volatility of 0.0211 HKD. From a start-to-finish perspective, comparing the January average rate of 0.1750 to the December average rate of 0.1660, the exchange rate registered a net change of -5.16% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.1851 was up 3.07% compared to the 2023 peak of 0.1796, 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 925 HKD

2023 Average 868 HKD

Yearly Trough Low 820 HKD

Transaction Impact: A difference of 105.62 HKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.1759

0.1651

JanuMarcMayJulySeptNove

MUR to HKD 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 0.1703, compared to 0.1676 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0026 points.

H1 Avg (Jan–Jun) 0.1703

H2 Avg (Jul–Dec) 0.1676

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 0.0165 HKD (High: 0.1851 / Low: 0.1686). On the other end, May was the most stable month, with a tight range of 0.0019 HKD (High: 0.1705 / Low: 0.1686).

March Spread (Volatile) ±0.0165

May Spread (Stable) ±0.0019

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 0.0044 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0044

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2024: 0.1705) against the same month in 2023 (average: 0.1690), the exchange rate shifted by +0.0015 (+0.88%).

2024 Avg (March) 0.1705

2023 Avg (March) 0.1690

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1775	0.1703	0.1750
February	0.1740	0.1664	0.1706
March	0.1851	0.1686	0.1705
April	0.1699	0.1640	0.1686
May	0.1705	0.1686	0.1694
June	0.1706	0.1654	0.1676
July	0.1680	0.1654	0.1671
August	0.1693	0.1670	0.1683
September	0.1706	0.1672	0.1694
October	0.1694	0.1667	0.1681
November	0.1696	0.1641	0.1670
December	0.1675	0.1647	0.1660