2024 MUR to MXN Historical Review

YEARLY HIGH

0.4445 MXN

YEARLY LOW

0.3499 MXN

YEARLY AVERAGE

0.3965 MXN

2024 MUR to MXN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MUR to MXN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 0.4445. Conversely, the yearly low was recorded on April 15, dropping to 0.3499.

This high-to-low spread represents a total annual volatility of 0.0946 MXN. From a start-to-finish perspective, comparing the January average rate of 0.3819 to the December average rate of 0.4324, the exchange rate registered a net change of 13.23% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.4445 was up 0.06% compared to the 2023 peak of 0.4442, 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 2,222 MXN

2023 Average 1,967 MXN

Yearly Trough Low 1,750 MXN

Transaction Impact: A difference of 472.78 MXN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.4437

0.3545

JanuMarcMayJulySeptNove

MUR to MXN 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 0.3728, compared to 0.4202 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0474 points.

H1 Avg (Jan–Jun) 0.3728

H2 Avg (Jul–Dec) 0.4202

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 0.0407 MXN (High: 0.3974 / Low: 0.3567). On the other end, May was the most stable month, with a tight range of 0.0095 MXN (High: 0.3698 / Low: 0.3603).

March Spread (Volatile) ±0.0407

May Spread (Stable) ±0.0095

Growth Streaks & Declines

Trends

Between April and June, 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 0.0091 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0091

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.4324) against the same month in 2023 (average: 0.3889), the exchange rate shifted by +0.0435 (+11.19%).

2024 Avg (December) 0.4324

2023 Avg (December) 0.3889

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.3903	0.3718	0.3819
February	0.3800	0.3627	0.3728
March	0.3974	0.3567	0.3654
April	0.3706	0.3499	0.3619
May	0.3698	0.3603	0.3643
June	0.4026	0.3685	0.3904
July	0.4024	0.3775	0.3874
August	0.4296	0.4030	0.4135
September	0.4364	0.4170	0.4261
October	0.4373	0.4141	0.4256
November	0.4423	0.4264	0.4362
December	0.4445	0.4252	0.4324