YEARLY HIGH
11.2711 KZT
YEARLY LOW
9.3868 KZT
YEARLY AVERAGE
10.1633 KZT

2024 MUR to KZT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MUR to KZT exchange rate experienced significant fluctuation. The market reached its absolute peak on December 17, valuing the pair at 11.2711. Conversely, the yearly low was recorded on April 15, dropping to 9.3868.

This high-to-low spread represents a total annual volatility of 1.8843 KZT. From a start-to-finish perspective, comparing the January average rate of 10.1128 to the December average rate of 11.1231, the exchange rate registered a net change of 9.99% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 11.2711 was up 4.13% compared to the 2023 peak of 10.8239, 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 56,356 KZT
2023 Average 50,632 KZT
Yearly Trough Low 46,934 KZT
Transaction Impact: A difference of 9,421.69 KZT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

11.2763
9.4379
JanuMarcMayJulySeptNove

MUR to KZT 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 9.7865, compared to 10.5401 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.7537 points.

H1 Avg (Jan–Jun) 9.7865
H2 Avg (Jul–Dec) 10.5401

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 0.9848 KZT (High: 10.6140 / Low: 9.6292). On the other end, September was the most stable month, with a tight range of 0.1681 KZT (High: 10.5339 / Low: 10.3658).

March Spread (Volatile) ±0.9848
September Spread (Stable) ±0.1681

Growth Streaks & Declines

Trends

Between May and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.2816 points.

Longest Streak 7 Mo.
Sharpest MoM Drop -0.2816

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 11.1231) against the same month in 2023 (average: 10.4015), the exchange rate shifted by +0.7216 (+6.94%).

2024 Avg (December) 11.1231
2023 Avg (December) 10.4015

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 10.3636 9.7965 10.1128
February 10.0644 9.5705 9.8312
March 10.6140 9.6292 9.7884
April 9.7131 9.3868 9.6037
May 9.7099 9.4992 9.5911
June 10.0002 9.6217 9.7916
July 10.2796 10.0454 10.1695
August 10.4815 10.0607 10.3317
September 10.5339 10.3658 10.4439
October 10.7607 10.4035 10.5131
November 11.1170 10.4516 10.6594
December 11.2711 10.9211 11.1231