2024 MUR to SEK Historical Review

YEARLY HIGH

0.2422 SEK

YEARLY LOW

0.2195 SEK

YEARLY AVERAGE

0.2289 SEK

2024 MUR to SEK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MUR to SEK exchange rate experienced significant fluctuation. The market reached its absolute peak on March 12, valuing the pair at 0.2422. Conversely, the yearly low was recorded on September 29, dropping to 0.2195.

This high-to-low spread represents a total annual volatility of 0.0227 SEK. From a start-to-finish perspective, comparing the January average rate of 0.2316 to the December average rate of 0.2347, the exchange rate registered a net change of 1.34% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.2422 was down 4.25% compared to the 2023 peak of 0.2529, 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 1,211 SEK

2023 Average 1,177 SEK

Yearly Trough Low 1,097 SEK

Transaction Impact: A difference of 113.30 SEK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.2360

0.2210

JanuMarcMayJulySeptNove

MUR to SEK 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 0.2297, compared to 0.2282 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0015 points.

H1 Avg (Jan–Jun) 0.2297

H2 Avg (Jul–Dec) 0.2282

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 0.0191 SEK (High: 0.2422 / Low: 0.2230). On the other end, September was the most stable month, with a tight range of 0.0061 SEK (High: 0.2256 / Low: 0.2195).

March Spread (Volatile) ±0.0191

September Spread (Stable) ±0.0061

Growth Streaks & Declines

Trends

Between September and December, 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 May and June, when the average rate fell by 0.0075 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0075

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2024: 0.2271) against the same month in 2023 (average: 0.2262), the exchange rate shifted by +0.0009 (+0.41%).

2024 Avg (March) 0.2271

2023 Avg (March) 0.2262

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2365	0.2258	0.2316
February	0.2341	0.2218	0.2276
March	0.2422	0.2230	0.2271
April	0.2376	0.2278	0.2330
May	0.2361	0.2288	0.2331
June	0.2306	0.2223	0.2256
July	0.2328	0.2207	0.2275
August	0.2301	0.2200	0.2244
September	0.2256	0.2195	0.2222
October	0.2316	0.2218	0.2266
November	0.2386	0.2301	0.2337
December	0.2390	0.2327	0.2347