YEARLY HIGH
0.2070 SVC
YEARLY LOW
0.1832 SVC
YEARLY AVERAGE
0.1894 SVC

2024 MUR to SVC Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MUR to SVC exchange rate experienced significant fluctuation. The market reached its absolute peak on March 12, valuing the pair at 0.2070. Conversely, the yearly low was recorded on April 15, dropping to 0.1832.

This high-to-low spread represents a total annual volatility of 0.0238 SVC. From a start-to-finish perspective, comparing the January average rate of 0.1959 to the December average rate of 0.1868, the exchange rate registered a net change of -4.65% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.2070 was up 3.18% compared to the 2023 peak of 0.2006, 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 1,035 SVC
2023 Average 970 SVC
Yearly Trough Low 916 SVC
Transaction Impact: A difference of 118.91 SVC purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.1968
0.1858
JanuMarcMayJulySeptNove

MUR to SVC 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 0.1905, compared to 0.1884 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0021 points.

H1 Avg (Jan–Jun) 0.1905
H2 Avg (Jul–Dec) 0.1884

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 0.0189 SVC (High: 0.2070 / Low: 0.1881). On the other end, May was the most stable month, with a tight range of 0.0021 SVC (High: 0.1908 / Low: 0.1887).

March Spread (Volatile) ±0.0189
May Spread (Stable) ±0.0021

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 0.0050 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0050

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2024: 0.1905) against the same month in 2023 (average: 0.1881), the exchange rate shifted by +0.0025 (+1.30%).

2024 Avg (March) 0.1905
2023 Avg (March) 0.1881

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1988 0.1906 0.1959
February 0.1943 0.1862 0.1909
March 0.2070 0.1881 0.1905
April 0.1899 0.1832 0.1882
May 0.1908 0.1887 0.1897
June 0.1924 0.1852 0.1878
July 0.1882 0.1854 0.1872
August 0.1901 0.1855 0.1887
September 0.1917 0.1876 0.1903
October 0.1907 0.1878 0.1894
November 0.1910 0.1845 0.1879
December 0.1882 0.1846 0.1868