2024 MUR to PEN Historical Review

YEARLY HIGH

0.0873 PEN

YEARLY LOW

0.0776 PEN

YEARLY AVERAGE

0.0813 PEN

2024 MUR to PEN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MUR to PEN exchange rate experienced significant fluctuation. The market reached its absolute peak on March 12, valuing the pair at 0.0873. Conversely, the yearly low was recorded on April 15, dropping to 0.0776.

This high-to-low spread represents a total annual volatility of 0.0097 PEN. From a start-to-finish perspective, comparing the January average rate of 0.0835 to the December average rate of 0.0797, the exchange rate registered a net change of -4.62% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0873 was down 0.79% compared to the 2023 peak of 0.0880, 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 436 PEN

2023 Average 415 PEN

Yearly Trough Low 388 PEN

Transaction Impact: A difference of 48.46 PEN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0839

0.0793

JanuMarcMayJulySeptNove

MUR to PEN 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 0.0817, compared to 0.0808 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0008 points.

H1 Avg (Jan–Jun) 0.0817

H2 Avg (Jul–Dec) 0.0808

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 0.0080 PEN (High: 0.0873 / Low: 0.0793). On the other end, May was the most stable month, with a tight range of 0.0018 PEN (High: 0.0816 / Low: 0.0798).

March Spread (Volatile) ±0.0080

May Spread (Stable) ±0.0018

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 February and March, when the average rate fell by 0.0026 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0026

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2024: 0.0809) against the same month in 2023 (average: 0.0813), the exchange rate shifted by -0.0004 (-0.45%).

2024 Avg (March) 0.0809

2023 Avg (March) 0.0813

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0850	0.0813	0.0835
February	0.0852	0.0819	0.0835
March	0.0873	0.0793	0.0809
April	0.0813	0.0776	0.0800
May	0.0816	0.0798	0.0809
June	0.0826	0.0800	0.0812
July	0.0821	0.0797	0.0805
August	0.0814	0.0793	0.0806
September	0.0829	0.0806	0.0820
October	0.0819	0.0800	0.0811
November	0.0823	0.0802	0.0812
December	0.0805	0.0786	0.0797