YEARLY HIGH
0.4152 MDL
YEARLY LOW
0.3692 MDL
YEARLY AVERAGE
0.3839 MDL

2024 MUR to MDL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MUR to MDL exchange rate experienced significant fluctuation. The market reached its absolute peak on March 12, valuing the pair at 0.4152. Conversely, the yearly low was recorded on April 15, dropping to 0.3692.

This high-to-low spread represents a total annual volatility of 0.0460 MDL. From a start-to-finish perspective, comparing the January average rate of 0.3945 to the December average rate of 0.3911, the exchange rate registered a net change of -0.87% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.4152 was down 5.53% compared to the 2023 peak of 0.4395, 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 2,076 MDL
2023 Average 2,007 MDL
Yearly Trough Low 1,846 MDL
Transaction Impact: A difference of 229.79 MDL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.3962
0.3757
JanuMarcMayJulySeptNove

MUR to MDL 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 0.3854, compared to 0.3825 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0029 points.

H1 Avg (Jan–Jun) 0.3854
H2 Avg (Jul–Dec) 0.3825

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 0.0356 MDL (High: 0.4152 / Low: 0.3796). On the other end, July was the most stable month, with a tight range of 0.0049 MDL (High: 0.3814 / Low: 0.3764).

March Spread (Volatile) ±0.0356
July Spread (Stable) ±0.0049

Growth Streaks & Declines

Trends

Between August and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0062 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0062

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2024: 0.3846) against the same month in 2023 (average: 0.4005), the exchange rate shifted by -0.0159 (-3.97%).

2024 Avg (March) 0.3846
2023 Avg (March) 0.4005

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.4006 0.3857 0.3945
February 0.3949 0.3798 0.3883
March 0.4152 0.3796 0.3846
April 0.3849 0.3692 0.3816
May 0.3860 0.3797 0.3829
June 0.3862 0.3778 0.3803
July 0.3814 0.3764 0.3788
August 0.3812 0.3720 0.3774
September 0.3833 0.3718 0.3778
October 0.3904 0.3754 0.3825
November 0.3934 0.3800 0.3874
December 0.3940 0.3875 0.3911