2024 MUR to SCR Historical Review

YEARLY HIGH

0.3369 SCR

YEARLY LOW

0.2778 SCR

YEARLY AVERAGE

0.2960 SCR

2024 MUR to SCR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MUR to SCR exchange rate experienced significant fluctuation. The market reached its absolute peak on March 12, valuing the pair at 0.3369. Conversely, the yearly low was recorded on August 27, dropping to 0.2778.

This high-to-low spread represents a total annual volatility of 0.0591 SCR. From a start-to-finish perspective, comparing the January average rate of 0.2996 to the December average rate of 0.3014, the exchange rate registered a net change of 0.60% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.3369 was up 5.61% compared to the 2023 peak of 0.3190, 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 1,684 SCR

2023 Average 1,490 SCR

Yearly Trough Low 1,389 SCR

Transaction Impact: A difference of 295.27 SCR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.3023

0.2915

JanuMarcMayJulySeptNove

MUR to SCR 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 0.2958, compared to 0.2962 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0005 points.

H1 Avg (Jan–Jun) 0.2958

H2 Avg (Jul–Dec) 0.2962

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 0.0476 SCR (High: 0.3369 / Low: 0.2892). On the other end, May was the most stable month, with a tight range of 0.0109 SCR (High: 0.3013 / Low: 0.2904).

March Spread (Volatile) ±0.0476

May Spread (Stable) ±0.0109

Growth Streaks & Declines

Trends

Between April and June, 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 0.0061 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0061

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2024: 0.2962) against the same month in 2023 (average: 0.2899), the exchange rate shifted by +0.0063 (+2.19%).

2024 Avg (March) 0.2962

2023 Avg (March) 0.2899

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.3102	0.2877	0.2996
February	0.2990	0.2851	0.2935
March	0.3369	0.2892	0.2962
April	0.3088	0.2851	0.2926
May	0.3013	0.2904	0.2962
June	0.3134	0.2898	0.2965
July	0.3024	0.2885	0.2952
August	0.3213	0.2778	0.2965
September	0.3058	0.2794	0.2924
October	0.3255	0.2825	0.2966
November	0.3079	0.2865	0.2952
December	0.3230	0.2855	0.3014