YEARLY HIGH
0.2589 TJS
YEARLY LOW
0.2242 TJS
YEARLY AVERAGE
0.2335 TJS

2024 MUR to TJS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MUR to TJS exchange rate experienced significant fluctuation. The market reached its absolute peak on March 12, valuing the pair at 0.2589. Conversely, the yearly low was recorded on August 4, dropping to 0.2242.

This high-to-low spread represents a total annual volatility of 0.0347 TJS. From a start-to-finish perspective, comparing the January average rate of 0.2446 to the December average rate of 0.2330, the exchange rate registered a net change of -4.73% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.2589 was up 3.65% compared to the 2023 peak of 0.2498, 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 1,294 TJS
2023 Average 1,198 TJS
Yearly Trough Low 1,121 TJS
Transaction Impact: A difference of 173.53 TJS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.2462
0.2259
JanuMarcMayJulySeptNove

MUR to TJS 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 0.2369, compared to 0.2301 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0069 points.

H1 Avg (Jan–Jun) 0.2369
H2 Avg (Jul–Dec) 0.2301

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 0.0234 TJS (High: 0.2589 / Low: 0.2355). On the other end, July was the most stable month, with a tight range of 0.0033 TJS (High: 0.2289 / Low: 0.2256).

March Spread (Volatile) ±0.0234
July Spread (Stable) ±0.0033

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 0.0058 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0058

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2024: 0.2384) against the same month in 2023 (average: 0.2273), the exchange rate shifted by +0.0111 (+4.90%).

2024 Avg (March) 0.2384
2023 Avg (March) 0.2273

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2487 0.2376 0.2446
February 0.2426 0.2329 0.2387
March 0.2589 0.2355 0.2384
April 0.2377 0.2285 0.2354
May 0.2369 0.2319 0.2352
June 0.2360 0.2258 0.2294
July 0.2289 0.2256 0.2276
August 0.2317 0.2242 0.2290
September 0.2333 0.2284 0.2315
October 0.2321 0.2283 0.2305
November 0.2348 0.2247 0.2290
December 0.2349 0.2308 0.2330