YEARLY HIGH
0.2069 SBD
YEARLY LOW
0.1768 SBD
YEARLY AVERAGE
0.1824 SBD

2024 MUR to SBD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MUR to SBD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 12, valuing the pair at 0.2069. Conversely, the yearly low was recorded on November 14, dropping to 0.1768.

This high-to-low spread represents a total annual volatility of 0.0302 SBD. From a start-to-finish perspective, comparing the January average rate of 0.1885 to the December average rate of 0.1789, the exchange rate registered a net change of -5.10% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.2069 was up 7.41% compared to the 2023 peak of 0.1927, 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 1,035 SBD
2023 Average 926 SBD
Yearly Trough Low 884 SBD
Transaction Impact: A difference of 150.93 SBD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.1895
0.1779
JanuMarcMayJulySeptNove

MUR to SBD 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 0.1843, compared to 0.1805 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0037 points.

H1 Avg (Jan–Jun) 0.1843
H2 Avg (Jul–Dec) 0.1805

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 0.0246 SBD (High: 0.2069 / Low: 0.1824). On the other end, September was the most stable month, with a tight range of 0.0020 SBD (High: 0.1825 / Low: 0.1804).

March Spread (Volatile) ±0.0246
September Spread (Stable) ±0.0020

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2024. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0041 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0041

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2024: 0.1845) against the same month in 2023 (average: 0.1772), the exchange rate shifted by +0.0073 (+4.13%).

2024 Avg (March) 0.1845
2023 Avg (March) 0.1772

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1913 0.1835 0.1885
February 0.1870 0.1794 0.1844
March 0.2069 0.1824 0.1845
April 0.1841 0.1775 0.1825
May 0.1853 0.1829 0.1840
June 0.1853 0.1788 0.1816
July 0.1821 0.1788 0.1808
August 0.1854 0.1816 0.1830
September 0.1825 0.1804 0.1813
October 0.1811 0.1777 0.1797
November 0.1814 0.1768 0.1795
December 0.1803 0.1776 0.1789