YEARLY HIGH
21.2920 KPW
YEARLY LOW
18.8488 KPW
YEARLY AVERAGE
19.4878 KPW

2024 MUR to KPW Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MUR to KPW exchange rate experienced significant fluctuation. The market reached its absolute peak on March 12, valuing the pair at 21.2920. Conversely, the yearly low was recorded on April 15, dropping to 18.8488.

This high-to-low spread represents a total annual volatility of 2.4432 KPW. From a start-to-finish perspective, comparing the January average rate of 20.1483 to the December average rate of 19.2143, the exchange rate registered a net change of -4.64% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 21.2920 was up 3.04% compared to the 2023 peak of 20.6645, 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 106,460 KPW
2023 Average 99,807 KPW
Yearly Trough Low 94,244 KPW
Transaction Impact: A difference of 12,216.08 KPW purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

20.2417
19.1209
JanuMarcMayJulySeptNove

MUR to KPW 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 19.5998, compared to 19.3757 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.2241 points.

H1 Avg (Jan–Jun) 19.5998
H2 Avg (Jul–Dec) 19.3757

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 1.9080 KPW (High: 21.2920 / Low: 19.3840). On the other end, May was the most stable month, with a tight range of 0.2544 KPW (High: 19.6635 / Low: 19.4091).

March Spread (Volatile) ±1.9080
May Spread (Stable) ±0.2544

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 0.5182 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.5182

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2024: 19.6094) against the same month in 2023 (average: 19.3747), the exchange rate shifted by +0.2347 (+1.21%).

2024 Avg (March) 19.6094
2023 Avg (March) 19.3747

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 20.4453 19.6185 20.1483
February 20.0222 19.1489 19.6300
March 21.2920 19.3840 19.6094
April 19.5185 18.8488 19.3743
May 19.6635 19.4091 19.5187
June 19.6558 19.0678 19.3181
July 19.3548 19.0678 19.2580
August 19.5440 19.2513 19.4278
September 19.7195 19.3009 19.5676
October 19.6207 19.3216 19.4663
November 19.6378 18.9753 19.3203
December 19.3757 19.0678 19.2143