YEARLY HIGH
2.4227 RUB
YEARLY LOW
1.7901 RUB
YEARLY AVERAGE
2.0096 RUB

2024 MUR to RUB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MUR to RUB exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 2.4227. Conversely, the yearly low was recorded on June 19, dropping to 1.7901.

This high-to-low spread represents a total annual volatility of 0.6326 RUB. From a start-to-finish perspective, comparing the January average rate of 2.0001 to the December average rate of 2.2159, the exchange rate registered a net change of 10.79% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 2.4227 was up 6.02% compared to the 2023 peak of 2.2851, 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 12,114 RUB
2023 Average 9,487 RUB
Yearly Trough Low 8,951 RUB
Transaction Impact: A difference of 3,162.82 RUB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

2.2506
1.8341
JanuMarcMayJulySeptNove

MUR to RUB 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 1.9792, compared to 2.0401 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0609 points.

H1 Avg (Jan–Jun) 1.9792
H2 Avg (Jul–Dec) 2.0401

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.3688 RUB (High: 2.4218 / Low: 2.0530). On the other end, April was the most stable month, with a tight range of 0.0663 RUB (High: 2.0245 / Low: 1.9582).

November Spread (Volatile) ±0.3688
April Spread (Stable) ±0.0663

Growth Streaks & Declines

Trends

Between July and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0839 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0839

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 2.2159) against the same month in 2023 (average: 2.0628), the exchange rate shifted by +0.1531 (+7.42%).

2024 Avg (December) 2.2159
2023 Avg (December) 2.0628

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.0856 1.9300 2.0001
February 2.0776 1.9563 2.0031
March 2.1704 1.9804 2.0013
April 2.0245 1.9582 2.0019
May 2.0175 1.9248 1.9763
June 1.9643 1.7901 1.8924
July 1.9009 1.8162 1.8688
August 1.9952 1.8194 1.9214
September 2.0511 1.8842 1.9853
October 2.1118 2.0379 2.0823
November 2.4218 2.0530 2.1669
December 2.4227 2.1197 2.2159