YEARLY HIGH
0.9572 UYU
YEARLY LOW
0.8063 UYU
YEARLY AVERAGE
0.8700 UYU

2024 MUR to UYU Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MUR to UYU exchange rate experienced significant fluctuation. The market reached its absolute peak on December 18, valuing the pair at 0.9572. Conversely, the yearly low was recorded on April 1, dropping to 0.8063.

This high-to-low spread represents a total annual volatility of 0.1510 UYU. From a start-to-finish perspective, comparing the January average rate of 0.8770 to the December average rate of 0.9389, the exchange rate registered a net change of 7.06% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.9572 was up 4.88% compared to the 2023 peak of 0.9127, 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 4,786 UYU
2023 Average 4,306 UYU
Yearly Trough Low 4,031 UYU
Transaction Impact: A difference of 754.76 UYU purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.9501
0.8159
JanuMarcMayJulySeptNove

MUR to UYU 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 0.8452, compared to 0.8948 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0495 points.

H1 Avg (Jan–Jun) 0.8452
H2 Avg (Jul–Dec) 0.8948

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 0.1095 UYU (High: 0.9185 / Low: 0.8090). On the other end, July was the most stable month, with a tight range of 0.0182 UYU (High: 0.8687 / Low: 0.8505).

March Spread (Volatile) ±0.1095
July Spread (Stable) ±0.0182

Growth Streaks & Declines

Trends

Between April and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0236 points.

Longest Streak 8 Mo.
Sharpest MoM Drop -0.0236

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.9389) against the same month in 2023 (average: 0.8897), the exchange rate shifted by +0.0492 (+5.53%).

2024 Avg (December) 0.9389
2023 Avg (December) 0.8897

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.8928 0.8491 0.8770
February 0.8717 0.8333 0.8534
March 0.9185 0.8090 0.8382
April 0.8360 0.8063 0.8271
May 0.8448 0.8253 0.8347
June 0.8548 0.8337 0.8411
July 0.8687 0.8505 0.8595
August 0.8789 0.8560 0.8706
September 0.9262 0.8645 0.8908
October 0.9070 0.8838 0.8997
November 0.9276 0.8936 0.9092
December 0.9572 0.9235 0.9389