2024 MUR to STD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 MUR to STD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the MUR to STD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 12, valuing the pair at 527.1390. Conversely, the yearly low was recorded on April 15, dropping to 466.6509.
This high-to-low spread represents a total annual volatility of 60.4881 STD. From a start-to-finish perspective, comparing the January average rate of 498.8217 to the December average rate of 475.6981, 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 527.1390 was up 0.59% compared to the 2023 peak of 524.0517, 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 STD 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 485.2427, compared to 479.6956 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 5.5472 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was March, with a trading range of 47.2380 STD (High: 527.1390 / Low: 479.9009). On the other end, May was the most stable month, with a tight range of 6.2992 STD (High: 486.8211 / Low: 480.5219).
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 12.8306 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (March 2024: 485.4805) against the same month in 2023 (average: 491.3428), the exchange rate shifted by -5.8623 (-1.19%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 506.1745 | 485.7051 | 498.8217 |
| February | 495.7019 | 474.0808 | 485.9912 |
| March | 527.1390 | 479.9009 | 485.4805 |
| April | 483.2314 | 466.6509 | 479.6595 |
| May | 486.8211 | 480.5219 | 483.2347 |
| June | 486.6303 | 472.0720 | 478.2687 |
| July | 479.1785 | 472.0720 | 476.7818 |
| August | 483.8610 | 476.6160 | 480.9852 |
| September | 488.2077 | 477.8426 | 484.4466 |
| October | 485.7598 | 478.3555 | 481.9382 |
| November | 486.1837 | 469.7829 | 478.3236 |
| December | 479.6943 | 472.0720 | 475.6981 |