2024 MUR to THB Historical Review

YEARLY HIGH

0.8458 THB

YEARLY LOW

0.7041 THB

YEARLY AVERAGE

0.7636 THB

2024 MUR to THB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MUR to THB exchange rate experienced significant fluctuation. The market reached its absolute peak on March 12, valuing the pair at 0.8458. Conversely, the yearly low was recorded on September 27, dropping to 0.7041.

This high-to-low spread represents a total annual volatility of 0.1416 THB. From a start-to-finish perspective, comparing the January average rate of 0.7874 to the December average rate of 0.7292, the exchange rate registered a net change of -7.40% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.8458 was up 1.18% compared to the 2023 peak of 0.8359, 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 4,229 THB

2023 Average 3,856 THB

Yearly Trough Low 3,521 THB

Transaction Impact: A difference of 708.07 THB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.8010

0.7148

JanuMarcMayJulySeptNove

MUR to THB 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 0.7875, compared to 0.7396 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0480 points.

H1 Avg (Jan–Jun) 0.7875

H2 Avg (Jul–Dec) 0.7396

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 0.0749 THB (High: 0.8458 / Low: 0.7709). On the other end, May was the most stable month, with a tight range of 0.0135 THB (High: 0.8000 / Low: 0.7864).

March Spread (Volatile) ±0.0749

May Spread (Stable) ±0.0135

Growth Streaks & Declines

Trends

Between February and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.0260 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0260

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2024: 0.7830) against the same month in 2023 (average: 0.7408), the exchange rate shifted by +0.0422 (+5.70%).

2024 Avg (March) 0.7830

2023 Avg (March) 0.7408

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.8043	0.7694	0.7874
February	0.7915	0.7645	0.7818
March	0.8458	0.7709	0.7830
April	0.8022	0.7703	0.7913
May	0.8000	0.7864	0.7938
June	0.8065	0.7776	0.7879
July	0.7866	0.7610	0.7752
August	0.7669	0.7320	0.7492
September	0.7355	0.7041	0.7232
October	0.7364	0.7073	0.7220
November	0.7485	0.7287	0.7387
December	0.7429	0.7229	0.7292