YEARLY HIGH
0.1040 PLN
YEARLY LOW
0.0824 PLN
YEARLY AVERAGE
0.0862 PLN

2024 MUR to PLN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MUR to PLN exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 0.1040. Conversely, the yearly low was recorded on August 24, dropping to 0.0824.

This high-to-low spread represents a total annual volatility of 0.0216 PLN. From a start-to-finish perspective, comparing the January average rate of 0.0900 to the December average rate of 0.0870, the exchange rate registered a net change of -3.28% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.1040 was up 2.13% compared to the 2023 peak of 0.1018, 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 520 PLN
2023 Average 465 PLN
Yearly Trough Low 412 PLN
Transaction Impact: A difference of 107.95 PLN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0906
0.0831
JanuMarcMayJulySeptNove

MUR to PLN 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 0.0870, compared to 0.0854 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0016 points.

H1 Avg (Jan–Jun) 0.0870
H2 Avg (Jul–Dec) 0.0854

Volatility Range Comparison

Volatility

The most volatile month in 2024 was January, with a trading range of 0.0167 PLN (High: 0.1040 / Low: 0.0873). On the other end, September was the most stable month, with a tight range of 0.0017 PLN (High: 0.0846 / Low: 0.0829).

January Spread (Volatile) ±0.0167
September Spread (Stable) ±0.0017

Growth Streaks & Declines

Trends

Between September and November, 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 0.0026 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0026

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.0900) against the same month in 2023 (average: 0.0982), the exchange rate shifted by -0.0083 (-8.41%).

2024 Avg (January) 0.0900
2023 Avg (January) 0.0982

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1040 0.0873 0.0900
February 0.0892 0.0856 0.0874
March 0.0929 0.0855 0.0863
April 0.0880 0.0849 0.0864
May 0.0871 0.0849 0.0859
June 0.0875 0.0846 0.0862
July 0.0860 0.0836 0.0844
August 0.0855 0.0824 0.0840
September 0.0846 0.0829 0.0837
October 0.0879 0.0841 0.0857
November 0.0894 0.0860 0.0875
December 0.0885 0.0862 0.0870