YEARLY HIGH
0.4403 LSL
YEARLY LOW
0.3738 LSL
YEARLY AVERAGE
0.3969 LSL

2024 MUR to LSL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MUR to LSL exchange rate experienced significant fluctuation. The market reached its absolute peak on March 12, valuing the pair at 0.4403. Conversely, the yearly low was recorded on September 29, dropping to 0.3738.

This high-to-low spread represents a total annual volatility of 0.0665 LSL. From a start-to-finish perspective, comparing the January average rate of 0.4207 to the December average rate of 0.3891, the exchange rate registered a net change of -7.51% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.4403 was down 0.66% compared to the 2023 peak of 0.4433, 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 2,202 LSL
2023 Average 2,047 LSL
Yearly Trough Low 1,869 LSL
Transaction Impact: A difference of 332.67 LSL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.4248
0.3762
JanuMarcMayJulySeptNove

MUR to LSL 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 0.4077, compared to 0.3861 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0216 points.

H1 Avg (Jan–Jun) 0.4077
H2 Avg (Jul–Dec) 0.3861

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 0.0344 LSL (High: 0.4403 / Low: 0.4060). On the other end, October was the most stable month, with a tight range of 0.0097 LSL (High: 0.3839 / Low: 0.3742).

March Spread (Volatile) ±0.0344
October Spread (Stable) ±0.0097

Growth Streaks & Declines

Trends

Between October and December, 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 April and May, when the average rate fell by 0.0072 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0072

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2024: 0.4109) against the same month in 2023 (average: 0.3932), the exchange rate shifted by +0.0177 (+4.50%).

2024 Avg (March) 0.4109
2023 Avg (March) 0.3932

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.4324 0.4096 0.4207
February 0.4228 0.4016 0.4140
March 0.4403 0.4060 0.4109
April 0.4135 0.3962 0.4062
May 0.4053 0.3921 0.3990
June 0.4158 0.3818 0.3956
July 0.3947 0.3845 0.3902
August 0.4002 0.3797 0.3893
September 0.3891 0.3738 0.3830
October 0.3839 0.3742 0.3802
November 0.3915 0.3762 0.3849
December 0.4018 0.3760 0.3891