2024 MUR to TOP Historical Review

YEARLY HIGH

0.0557 TOP

YEARLY LOW

0.0500 TOP

YEARLY AVERAGE

0.0513 TOP

2024 MUR to TOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MUR to TOP exchange rate experienced significant fluctuation. The market reached its absolute peak on March 12, valuing the pair at 0.0557. Conversely, the yearly low was recorded on April 15, dropping to 0.0500.

This high-to-low spread represents a total annual volatility of 0.0058 TOP. From a start-to-finish perspective, comparing the January average rate of 0.0527 to the December average rate of 0.0511, the exchange rate registered a net change of -3.05% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0557 was up 2.54% compared to the 2023 peak of 0.0544, 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 279 TOP

2023 Average 262 TOP

Yearly Trough Low 250 TOP

Transaction Impact: A difference of 28.77 TOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0529

0.0504

JanuMarcMayJulySeptNove

MUR to TOP 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 0.0516, compared to 0.0510 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0005 points.

H1 Avg (Jan–Jun) 0.0516

H2 Avg (Jul–Dec) 0.0510

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 0.0049 TOP (High: 0.0557 / Low: 0.0509). On the other end, May was the most stable month, with a tight range of 0.0005 TOP (High: 0.0516 / Low: 0.0511).

March Spread (Volatile) ±0.0049

May Spread (Stable) ±0.0005

Growth Streaks & Declines

Trends

Between September and November, 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 0.0011 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0011

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2024: 0.0516) against the same month in 2023 (average: 0.0508), the exchange rate shifted by +0.0008 (+1.63%).

2024 Avg (March) 0.0516

2023 Avg (March) 0.0508

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0535	0.0516	0.0527
February	0.0526	0.0504	0.0516
March	0.0557	0.0509	0.0516
April	0.0521	0.0500	0.0513
May	0.0516	0.0511	0.0514
June	0.0514	0.0501	0.0506
July	0.0512	0.0501	0.0506
August	0.0515	0.0503	0.0510
September	0.0513	0.0502	0.0510
October	0.0518	0.0504	0.0511
November	0.0520	0.0505	0.0513
December	0.0516	0.0507	0.0511