2024 MUR to KWD Historical Review

YEARLY HIGH

0.0073 KWD

YEARLY LOW

0.0064 KWD

YEARLY AVERAGE

0.0066 KWD

2024 MUR to KWD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MUR to KWD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 12, valuing the pair at 0.0073. Conversely, the yearly low was recorded on April 15, dropping to 0.0064.

This high-to-low spread represents a total annual volatility of 0.0008 KWD. From a start-to-finish perspective, comparing the January average rate of 0.0069 to the December average rate of 0.0066, the exchange rate registered a net change of -4.59% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0073 was up 3.54% compared to the 2023 peak of 0.0070, 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 36 KWD

2023 Average 34 KWD

Yearly Trough Low 32 KWD

Transaction Impact: A difference of 4.09 KWD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0069

0.0065

JanuMarcMayJulySeptNove

MUR to KWD 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 0.0067, compared to 0.0066 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0067

H2 Avg (Jul–Dec) 0.0066

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 0.0006 KWD (High: 0.0073 / Low: 0.0066). On the other end, May was the most stable month, with a tight range of 0.0001 KWD (High: 0.0067 / Low: 0.0066).

March Spread (Volatile) ±0.0006

May Spread (Stable) ±0.0001

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 0.0002 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2024: 0.0067) against the same month in 2023 (average: 0.0066), the exchange rate shifted by +0.0001 (+1.51%).

2024 Avg (March) 0.0067

2023 Avg (March) 0.0066

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0070	0.0067	0.0069
February	0.0068	0.0065	0.0067
March	0.0073	0.0066	0.0067
April	0.0067	0.0064	0.0066
May	0.0067	0.0066	0.0067
June	0.0067	0.0065	0.0066
July	0.0066	0.0065	0.0065
August	0.0066	0.0065	0.0066
September	0.0067	0.0066	0.0066
October	0.0067	0.0066	0.0066
November	0.0067	0.0065	0.0066
December	0.0066	0.0065	0.0066