2024 MUR to VND Historical Review

YEARLY HIGH

583.2079 VND

YEARLY LOW

521.3663 VND

YEARLY AVERAGE

542.4389 VND

2024 MUR to VND Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MUR to VND exchange rate experienced significant fluctuation. The market reached its absolute peak on March 12, valuing the pair at 583.2079. Conversely, the yearly low was recorded on February 14, dropping to 521.3663.

This high-to-low spread represents a total annual volatility of 61.8416 VND. From a start-to-finish perspective, comparing the January average rate of 548.0540 to the December average rate of 542.7160, the exchange rate registered a net change of -0.97% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 583.2079 was up 4.95% compared to the 2023 peak of 555.6928, 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 2,916,040 VND

2023 Average 2,643,711 VND

Yearly Trough Low 2,606,832 VND

Transaction Impact: A difference of 309,208.05 VND purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

553.5301

532.5515

JanuMarcMayJulySeptNove

MUR to VND 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 543.5037, compared to 541.3740 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 2.1297 points.

H1 Avg (Jan–Jun) 543.5037

H2 Avg (Jul–Dec) 541.3740

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 49.2400 VND (High: 583.2079 / Low: 533.9680). On the other end, July was the most stable month, with a tight range of 5.4703 VND (High: 544.7713 / Low: 539.3010).

March Spread (Volatile) ±49.2400

July Spread (Stable) ±5.4703

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 January and February, when the average rate fell by 13.7543 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -13.7543

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2024: 538.6689) against the same month in 2023 (average: 508.1134), the exchange rate shifted by +30.5554 (+6.01%).

2024 Avg (March) 538.6689

2023 Avg (March) 508.1134

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	554.7612	534.9275	548.0540
February	543.0600	521.3663	534.2997
March	583.2079	533.9680	538.6689
April	547.4785	527.6681	542.0690
May	556.0090	546.5892	551.7819
June	555.1503	539.3011	546.1487
July	544.7713	539.3010	542.9482
August	543.5983	535.5220	540.4662
September	538.9402	532.7877	535.7867
October	553.9511	532.7556	541.8045
November	552.4954	535.5273	544.5225
December	546.9956	539.3011	542.7160