2024 MUR to KES Historical Review

YEARLY HIGH

3.6733 KES

YEARLY LOW

2.7234 KES

YEARLY AVERAGE

2.9203 KES

2024 MUR to KES Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MUR to KES exchange rate experienced significant fluctuation. The market reached its absolute peak on January 25, valuing the pair at 3.6733. Conversely, the yearly low was recorded on July 14, dropping to 2.7234.

This high-to-low spread represents a total annual volatility of 0.9499 KES. From a start-to-finish perspective, comparing the January average rate of 3.5769 to the December average rate of 2.7608, the exchange rate registered a net change of -22.81% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 3.6733 was up 2.72% compared to the 2023 peak of 3.5760, 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 18,367 KES

2023 Average 15,523 KES

Yearly Trough Low 13,617 KES

Transaction Impact: A difference of 4,749.48 KES purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

3.6585

2.6792

JanuMarcMayJulySeptNove

MUR to KES 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 3.0606, compared to 2.7799 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.2807 points.

H1 Avg (Jan–Jun) 3.0606

H2 Avg (Jul–Dec) 2.7799

Volatility Range Comparison

Volatility

The most volatile month in 2024 was February, with a trading range of 0.5549 KES (High: 3.5905 / Low: 3.0356). On the other end, October was the most stable month, with a tight range of 0.0433 KES (High: 2.8120 / Low: 2.7687).

February Spread (Volatile) ±0.5549

October Spread (Stable) ±0.0433

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 February and March, when the average rate fell by 0.3304 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.3304

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 3.5769) against the same month in 2023 (average: 2.8092), the exchange rate shifted by +0.7677 (+27.33%).

2024 Avg (January) 3.5769

2023 Avg (January) 2.8092

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	3.6733	3.4798	3.5769
February	3.5905	3.0356	3.3277
March	3.3300	2.8430	2.9973
April	2.8968	2.7263	2.8267
May	2.9196	2.7890	2.8528
June	2.8689	2.7323	2.7825
July	2.8208	2.7234	2.7613
August	2.8070	2.7557	2.7881
September	2.8266	2.7635	2.8036
October	2.8120	2.7687	2.7909
November	2.8156	2.7303	2.7747
December	2.7881	2.7243	2.7608