2024 MUR to KRW Historical Review

YEARLY HIGH

31.4874 KRW

YEARLY LOW

28.3528 KRW

YEARLY AVERAGE

29.5229 KRW

2024 MUR to KRW Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MUR to KRW exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 31.4874. Conversely, the yearly low was recorded on February 17, dropping to 28.3528.

This high-to-low spread represents a total annual volatility of 3.1347 KRW. From a start-to-finish perspective, comparing the January average rate of 29.6557 to the December average rate of 30.7578, the exchange rate registered a net change of 3.72% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 31.4874 was up 2.91% compared to the 2023 peak of 30.5981, 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 157,437 KRW

2023 Average 144,854 KRW

Yearly Trough Low 141,764 KRW

Transaction Impact: A difference of 15,673.28 KRW purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

30.9418

28.7344

JanuMarcMayJulySeptNove

MUR to KRW 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 29.4118, compared to 29.6340 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2222 points.

H1 Avg (Jan–Jun) 29.4118

H2 Avg (Jul–Dec) 29.6340

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 2.3934 KRW (High: 31.0426 / Low: 28.6491). On the other end, July was the most stable month, with a tight range of 0.5465 KRW (High: 29.8094 / Low: 29.2629).

March Spread (Volatile) ±2.3934

July Spread (Stable) ±0.5465

Growth Streaks & Declines

Trends

Between March and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.5925 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.5925

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 30.7578) against the same month in 2023 (average: 29.4812), the exchange rate shifted by +1.2766 (+4.33%).

2024 Avg (December) 30.7578

2023 Avg (December) 29.4812

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	30.3318	28.9086	29.6557
February	29.5874	28.3528	29.0632
March	31.0426	28.6491	29.0305
April	29.8893	29.0248	29.4901
May	30.0541	29.2658	29.5784
June	30.1398	29.2644	29.6530
July	29.8094	29.2629	29.5795
August	29.6818	28.6956	29.1437
September	29.2851	28.5157	28.9183
October	30.1288	28.6511	29.4591
November	30.2362	29.5627	29.9454
December	31.4874	30.0448	30.7578