YEARLY HIGH
496.0928 SLL
YEARLY LOW
439.1672 SLL
YEARLY AVERAGE
454.0538 SLL

2024 MUR to SLL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MUR to SLL exchange rate experienced significant fluctuation. The market reached its absolute peak on March 12, valuing the pair at 496.0928. Conversely, the yearly low was recorded on April 15, dropping to 439.1672.

This high-to-low spread represents a total annual volatility of 56.9256 SLL. From a start-to-finish perspective, comparing the January average rate of 469.4433 to the December average rate of 447.6816, the exchange rate registered a net change of -4.64% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 496.0928 was up 3.87% compared to the 2023 peak of 477.6194, 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 2,480,464 SLL
2023 Average 2,118,138 SLL
Yearly Trough Low 2,195,836 SLL
Transaction Impact: A difference of 284,627.95 SLL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

471.6195
445.5054
JanuMarcMayJulySeptNove

MUR to SLL 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 456.6641, compared to 451.4436 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 5.2204 points.

H1 Avg (Jan–Jun) 456.6641
H2 Avg (Jul–Dec) 451.4436

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 44.4559 SLL (High: 496.0928 / Low: 451.6369). On the other end, May was the most stable month, with a tight range of 5.9282 SLL (High: 458.1495 / Low: 452.2213).

March Spread (Volatile) ±44.4559
May Spread (Stable) ±5.9282

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 12.0749 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -12.0749

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2024: 456.8878) against the same month in 2023 (average: 380.2828), the exchange rate shifted by +76.6051 (+20.14%).

2024 Avg (March) 456.8878
2023 Avg (March) 380.2828

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 476.3630 457.0992 469.4433
February 466.5073 446.1596 457.3684
March 496.0928 451.6369 456.8878
April 454.7712 439.1672 451.4097
May 458.1495 452.2213 454.7743
June 457.9699 444.2691 450.1008
July 450.9570 444.2691 448.7014
August 455.3637 448.5454 452.6573
September 459.4544 449.6998 455.9148
October 457.1507 450.1825 453.5541
November 457.5496 442.1147 450.1524
December 451.4424 444.2691 447.6816