2024 MUR to LBP Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 MUR to LBP Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the MUR to LBP exchange rate experienced significant fluctuation. The market reached its absolute peak on March 12, valuing the pair at 2117.1898. Conversely, the yearly low was recorded on February 18, dropping to 319.8068.
This high-to-low spread represents a total annual volatility of 1797.3830 LBP. From a start-to-finish perspective, comparing the January average rate of 336.4844 to the December average rate of 1911.2303, the exchange rate registered a net change of 468.00% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2024 high of 2117.1898 was up 516.17% compared to the 2023 peak of 343.6042, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 MUR based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
MUR to LBP Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 1476.0046, compared to 1928.0101 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 452.0055 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was February, with a trading range of 1645.2478 LBP (High: 1965.0546 / Low: 319.8068). On the other end, January was the most stable month, with a tight range of 13.8252 LBP (High: 341.7891 / Low: 327.9639).
Growth Streaks & Declines
TrendsBetween January and March, 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 March and April, when the average rate fell by 23.8389 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (March 2024: 1950.9836) against the same month in 2023 (average: 324.5279), the exchange rate shifted by +1626.4557 (+501.18%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 341.7891 | 327.9639 | 336.4844 |
| February | 1965.0546 | 319.8068 | 777.5172 |
| March | 2117.1898 | 1925.7886 | 1950.9836 |
| April | 1943.6353 | 1875.1381 | 1927.1447 |
| May | 1952.6821 | 1931.8071 | 1941.4336 |
| June | 1968.4492 | 1896.2031 | 1922.4643 |
| July | 1926.1724 | 1897.6896 | 1915.7254 |
| August | 1951.5390 | 1901.9374 | 1931.7486 |
| September | 1962.2649 | 1920.9272 | 1947.4523 |
| October | 1952.7508 | 1922.1849 | 1938.4532 |
| November | 1955.1410 | 1889.0998 | 1923.4511 |
| December | 1925.9542 | 1889.3739 | 1911.2303 |