YEARLY HIGH
296.6786 UZS
YEARLY LOW
262.6874 UZS
YEARLY AVERAGE
273.8644 UZS

2024 MUR to UZS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MUR to UZS exchange rate experienced significant fluctuation. The market reached its absolute peak on March 12, valuing the pair at 296.6786. Conversely, the yearly low was recorded on February 17, dropping to 262.6874.

This high-to-low spread represents a total annual volatility of 33.9912 UZS. From a start-to-finish perspective, comparing the January average rate of 276.9911 to the December average rate of 274.7848, the exchange rate registered a net change of -0.80% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 296.6786 was up 5.04% compared to the 2023 peak of 282.4462, 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 1,483,393 UZS
2023 Average 1,302,211 UZS
Yearly Trough Low 1,313,437 UZS
Transaction Impact: A difference of 169,955.78 UZS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

277.7197
268.9763
JanuMarcMayJulySeptNove

MUR to UZS 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 273.4441, compared to 274.2846 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.8404 points.

H1 Avg (Jan–Jun) 273.4441
H2 Avg (Jul–Dec) 274.2846

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 26.2901 UZS (High: 296.6786 / Low: 270.3885). On the other end, July was the most stable month, with a tight range of 4.4094 UZS (High: 271.0880 / Low: 266.6786).

March Spread (Volatile) ±26.2901
July Spread (Stable) ±4.4094

Growth Streaks & Declines

Trends

Between July and October, 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 January and February, when the average rate fell by 5.7876 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -5.7876

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2024: 273.5512) against the same month in 2023 (average: 245.0233), the exchange rate shifted by +28.5279 (+11.64%).

2024 Avg (March) 273.5512
2023 Avg (March) 245.0233

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 281.1722 269.8258 276.9911
February 276.7520 262.6874 271.2035
March 296.6786 270.3885 273.5512
April 275.1738 265.3581 272.7138
May 277.7475 271.9068 275.1800
June 278.0043 265.7489 271.0253
July 271.0880 266.6786 269.7049
August 275.1619 267.0894 272.5612
September 279.5873 271.0802 276.4521
October 279.5049 274.3950 276.8724
November 279.6555 269.8714 275.3320
December 276.8460 272.0605 274.7848