2024 MUR to SZL Historical Review

YEARLY HIGH

0.4401 SZL

YEARLY LOW

0.3737 SZL

YEARLY AVERAGE

0.3967 SZL

2024 MUR to SZL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MUR to SZL exchange rate experienced significant fluctuation. The market reached its absolute peak on March 12, valuing the pair at 0.4401. Conversely, the yearly low was recorded on September 29, dropping to 0.3737.

This high-to-low spread represents a total annual volatility of 0.0663 SZL. From a start-to-finish perspective, comparing the January average rate of 0.4205 to the December average rate of 0.3890, the exchange rate registered a net change of -7.48% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.4401 was up 0.15% compared to the 2023 peak of 0.4394, 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 2,200 SZL

2023 Average 2,045 SZL

Yearly Trough Low 1,869 SZL

Transaction Impact: A difference of 331.74 SZL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.4246

0.3758

JanuMarcMayJulySeptNove

MUR to SZL 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 0.4075, compared to 0.3859 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0216 points.

H1 Avg (Jan–Jun) 0.4075

H2 Avg (Jul–Dec) 0.3859

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 0.0345 SZL (High: 0.4401 / Low: 0.4056). On the other end, October was the most stable month, with a tight range of 0.0097 SZL (High: 0.3838 / Low: 0.3741).

March Spread (Volatile) ±0.0345

October Spread (Stable) ±0.0097

Growth Streaks & Declines

Trends

Between October and December, 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 April and May, when the average rate fell by 0.0069 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0069

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2024: 0.4105) against the same month in 2023 (average: 0.3929), the exchange rate shifted by +0.0176 (+4.49%).

2024 Avg (March) 0.4105

2023 Avg (March) 0.3929

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.4316	0.4094	0.4205
February	0.4219	0.4017	0.4137
March	0.4401	0.4056	0.4105
April	0.4135	0.3964	0.4059
May	0.4044	0.3931	0.3990
June	0.4157	0.3816	0.3956
July	0.3946	0.3847	0.3901
August	0.4006	0.3797	0.3891
September	0.3892	0.3737	0.3831
October	0.3838	0.3741	0.3799
November	0.3914	0.3742	0.3843
December	0.4016	0.3761	0.3890