2024 MUR to PYG Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 MUR to PYG Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the MUR to PYG exchange rate experienced significant fluctuation. The market reached its absolute peak on October 27, valuing the pair at 173.9391. Conversely, the yearly low was recorded on April 15, dropping to 155.0663.
This high-to-low spread represents a total annual volatility of 18.8728 PYG. From a start-to-finish perspective, comparing the January average rate of 163.0210 to the December average rate of 166.6627, the exchange rate registered a net change of 2.23% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2024 high of 173.9391 was up 2.61% compared to the 2023 peak of 169.5067, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 MUR based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
MUR to PYG Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 160.8002, compared to 166.4581 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 5.6579 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was March, with a trading range of 14.7608 PYG (High: 172.4295 / Low: 157.6686). On the other end, May was the most stable month, with a tight range of 2.4799 PYG (High: 163.9311 / Low: 161.4512).
Growth Streaks & Declines
TrendsBetween July and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 4.1214 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (October 2024: 170.2763) against the same month in 2023 (average: 166.2947), the exchange rate shifted by +3.9816 (+2.39%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 165.5419 | 158.8908 | 163.0210 |
| February | 161.6918 | 155.1700 | 158.8997 |
| March | 172.4295 | 157.6686 | 159.3636 |
| April | 161.2128 | 155.0663 | 159.2265 |
| May | 163.9311 | 161.4512 | 162.6663 |
| June | 165.5639 | 159.6185 | 161.6244 |
| July | 162.7307 | 159.6675 | 161.5383 |
| August | 166.0729 | 160.5436 | 163.6308 |
| September | 170.7797 | 164.8885 | 168.7414 |
| October | 173.9391 | 167.2924 | 170.2763 |
| November | 172.2972 | 164.6451 | 167.8993 |
| December | 168.1181 | 164.5403 | 166.6627 |