2024 MUR to NAD Historical Review

YEARLY HIGH

0.4404 NAD

YEARLY LOW

0.3738 NAD

YEARLY AVERAGE

0.3969 NAD

2024 MUR to NAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MUR to NAD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 12, valuing the pair at 0.4404. Conversely, the yearly low was recorded on September 29, dropping to 0.3738.

This high-to-low spread represents a total annual volatility of 0.0666 NAD. From a start-to-finish perspective, comparing the January average rate of 0.4206 to the December average rate of 0.3891, the exchange rate registered a net change of -7.48% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.4404 was down 3.31% compared to the 2023 peak of 0.4555, 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 NAD

2023 Average 2,052 NAD

Yearly Trough Low 1,869 NAD

Transaction Impact: A difference of 332.98 NAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.4246

0.3761

JanuMarcMayJulySeptNove

MUR to NAD 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 0.0346 NAD (High: 0.4404 / Low: 0.4058). On the other end, October was the most stable month, with a tight range of 0.0097 NAD (High: 0.3839 / Low: 0.3742).

March Spread (Volatile) ±0.0346

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 0.0079 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0079

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2024: 0.4108) against the same month in 2023 (average: 0.3935), the exchange rate shifted by +0.0173 (+4.40%).

2024 Avg (March) 0.4108

2023 Avg (March) 0.3935

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.4324	0.4096	0.4206
February	0.4228	0.4016	0.4139
March	0.4404	0.4058	0.4108
April	0.4135	0.3964	0.4066
May	0.4020	0.3921	0.3987
June	0.4158	0.3818	0.3956
July	0.3947	0.3845	0.3902
August	0.4003	0.3798	0.3893
September	0.3891	0.3738	0.3830
October	0.3839	0.3742	0.3801
November	0.3915	0.3762	0.3849
December	0.4018	0.3761	0.3891