2024 MUR to SOS Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 MUR to SOS Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the MUR to SOS exchange rate experienced significant fluctuation. The market reached its absolute peak on March 12, valuing the pair at 13.5189. Conversely, the yearly low was recorded on April 15, dropping to 11.9654.
This high-to-low spread represents a total annual volatility of 1.5535 SOS. From a start-to-finish perspective, comparing the January average rate of 12.7885 to the December average rate of 12.1975, the exchange rate registered a net change of -4.62% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2024 high of 13.5189 was up 3.59% compared to the 2023 peak of 13.0510, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 MUR based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
MUR to SOS Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 12.4424, compared to 12.2992 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1431 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was March, with a trading range of 1.2308 SOS (High: 13.5189 / Low: 12.2882). On the other end, May was the most stable month, with a tight range of 0.1572 SOS (High: 12.4604 / Low: 12.3032).
Growth Streaks & Declines
TrendsBetween 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 0.3186 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (March 2024: 12.4473) against the same month in 2023 (average: 12.2275), the exchange rate shifted by +0.2198 (+1.80%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 12.9805 | 12.4494 | 12.7885 |
| February | 12.7030 | 12.1604 | 12.4698 |
| March | 13.5189 | 12.2882 | 12.4473 |
| April | 12.4025 | 11.9654 | 12.2989 |
| May | 12.4604 | 12.3032 | 12.3850 |
| June | 12.5638 | 12.0958 | 12.2646 |
| July | 12.2921 | 12.1114 | 12.2222 |
| August | 12.4120 | 12.1137 | 12.3157 |
| September | 12.5859 | 12.2458 | 12.4246 |
| October | 12.4528 | 12.2617 | 12.3639 |
| November | 12.4705 | 12.0493 | 12.2713 |
| December | 12.2904 | 12.0598 | 12.1975 |