2024 MUR to JOD Historical Review

YEARLY HIGH

0.0168 JOD

YEARLY LOW

0.0148 JOD

YEARLY AVERAGE

0.0154 JOD

2024 MUR to JOD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MUR to JOD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 12, valuing the pair at 0.0168. Conversely, the yearly low was recorded on April 15, dropping to 0.0148.

This high-to-low spread represents a total annual volatility of 0.0019 JOD. From a start-to-finish perspective, comparing the January average rate of 0.0159 to the December average rate of 0.0151, the exchange rate registered a net change of -4.66% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0168 was up 2.98% compared to the 2023 peak of 0.0163, 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 84 JOD

2023 Average 79 JOD

Yearly Trough Low 74 JOD

Transaction Impact: A difference of 9.62 JOD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0160

0.0151

JanuMarcMayJulySeptNove

MUR to JOD 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 0.0154, compared to 0.0153 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.0154

H2 Avg (Jul–Dec) 0.0153

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 0.0015 JOD (High: 0.0168 / Low: 0.0153). On the other end, May was the most stable month, with a tight range of 0.0002 JOD (High: 0.0155 / Low: 0.0153).

March Spread (Volatile) ±0.0015

May Spread (Stable) ±0.0002

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 0.0004 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0004

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2024: 0.0154) against the same month in 2023 (average: 0.0153), the exchange rate shifted by +0.0002 (+1.13%).

2024 Avg (March) 0.0154

2023 Avg (March) 0.0153

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0161	0.0155	0.0159
February	0.0158	0.0151	0.0155
March	0.0168	0.0153	0.0154
April	0.0154	0.0148	0.0153
May	0.0155	0.0153	0.0154
June	0.0155	0.0150	0.0152
July	0.0152	0.0150	0.0152
August	0.0154	0.0152	0.0153
September	0.0155	0.0152	0.0154
October	0.0155	0.0152	0.0153
November	0.0155	0.0150	0.0152
December	0.0153	0.0150	0.0151