2024 MUR to SYP Historical Review

YEARLY HIGH

277.5240 SYP

YEARLY LOW

52.6203 SYP

YEARLY AVERAGE

61.0002 SYP

2024 MUR to SYP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MUR to SYP exchange rate experienced significant fluctuation. The market reached its absolute peak on December 23, valuing the pair at 277.5240. Conversely, the yearly low was recorded on April 15, dropping to 52.6203.

This high-to-low spread represents a total annual volatility of 224.9037 SYP. From a start-to-finish perspective, comparing the January average rate of 56.2479 to the December average rate of 132.7959, the exchange rate registered a net change of 136.09% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 277.5240 was up 381.07% compared to the 2023 peak of 57.6891, 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 1,387,620 SYP

2023 Average 278,633 SYP

Yearly Trough Low 263,101 SYP

Transaction Impact: A difference of 1,124,518.68 SYP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

140.6992

45.8593

JanuMarcMayJulySeptNove

MUR to SYP 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 54.7167, compared to 67.2838 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 12.5671 points.

H1 Avg (Jan–Jun) 54.7167

H2 Avg (Jul–Dec) 67.2838

Volatility Range Comparison

Volatility

The most volatile month in 2024 was December, with a trading range of 224.2924 SYP (High: 277.5240 / Low: 53.2316). On the other end, May was the most stable month, with a tight range of 0.7103 SYP (High: 54.8947 / Low: 54.1844).

December Spread (Volatile) ±224.2924

May Spread (Stable) ±0.7103

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 1.4468 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -1.4468

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 132.7959) against the same month in 2023 (average: 56.9166), the exchange rate shifted by +75.8793 (+133.32%).

2024 Avg (December) 132.7959

2023 Avg (December) 56.9166

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	57.0770	54.7689	56.2479
February	55.8961	53.4581	54.8011
March	59.4410	54.1144	54.7435
April	54.4899	52.6203	54.0871
May	54.8947	54.1844	54.4903
June	54.8732	53.2316	53.9303
July	54.0329	53.2316	53.7626
August	54.5609	53.7440	54.2366
September	55.0511	53.8823	54.6269
October	54.7750	53.9401	54.3441
November	54.8228	52.9734	53.9365
December	277.5240	53.2316	132.7959