2024 MUR to SAR Historical Review

YEARLY HIGH

0.0887 SAR

YEARLY LOW

0.0786 SAR

YEARLY AVERAGE

0.0812 SAR

2024 MUR to SAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MUR to SAR exchange rate experienced significant fluctuation. The market reached its absolute peak on March 12, valuing the pair at 0.0887. Conversely, the yearly low was recorded on April 15, dropping to 0.0786.

This high-to-low spread represents a total annual volatility of 0.0102 SAR. From a start-to-finish perspective, comparing the January average rate of 0.0840 to the December average rate of 0.0802, the exchange rate registered a net change of -4.47% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0887 was up 2.89% compared to the 2023 peak of 0.0862, 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 444 SAR

2023 Average 416 SAR

Yearly Trough Low 393 SAR

Transaction Impact: A difference of 50.88 SAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0843

0.0798

JanuMarcMayJulySeptNove

MUR to SAR 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 0.0009 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 0.0079 SAR (High: 0.0887 / Low: 0.0809). On the other end, May was the most stable month, with a tight range of 0.0011 SAR (High: 0.0819 / Low: 0.0809).

March Spread (Volatile) ±0.0079

May Spread (Stable) ±0.0011

Growth Streaks & Declines

Trends

Between July and September, 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 0.0022 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0022

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2024: 0.0817) against the same month in 2023 (average: 0.0808), the exchange rate shifted by +0.0009 (+1.09%).

2024 Avg (March) 0.0817

2023 Avg (March) 0.0808

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0852	0.0817	0.0840
February	0.0834	0.0798	0.0818
March	0.0887	0.0809	0.0817
April	0.0813	0.0786	0.0807
May	0.0819	0.0809	0.0813
June	0.0819	0.0794	0.0805
July	0.0807	0.0795	0.0803
August	0.0815	0.0801	0.0810
September	0.0822	0.0805	0.0816
October	0.0819	0.0806	0.0812
November	0.0820	0.0792	0.0806
December	0.0809	0.0796	0.0802