YEARLY HIGH
0.0639 XCD
YEARLY LOW
0.0566 XCD
YEARLY AVERAGE
0.0585 XCD

2024 MUR to XCD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MUR to XCD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 12, valuing the pair at 0.0639. Conversely, the yearly low was recorded on April 15, dropping to 0.0566.

This high-to-low spread represents a total annual volatility of 0.0073 XCD. From a start-to-finish perspective, comparing the January average rate of 0.0605 to the December average rate of 0.0577, the exchange rate registered a net change of -4.64% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0639 was up 3.04% compared to the 2023 peak of 0.0621, 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 320 XCD
2023 Average 300 XCD
Yearly Trough Low 283 XCD
Transaction Impact: A difference of 36.68 XCD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0608
0.0574
JanuMarcMayJulySeptNove

MUR to XCD 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 0.0589, compared to 0.0582 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0007 points.

H1 Avg (Jan–Jun) 0.0589
H2 Avg (Jul–Dec) 0.0582

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 0.0057 XCD (High: 0.0639 / Low: 0.0582). On the other end, May was the most stable month, with a tight range of 0.0008 XCD (High: 0.0590 / Low: 0.0583).

March Spread (Volatile) ±0.0057
May Spread (Stable) ±0.0008

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 0.0016 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0016

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2024: 0.0589) against the same month in 2023 (average: 0.0582), the exchange rate shifted by +0.0007 (+1.21%).

2024 Avg (March) 0.0589
2023 Avg (March) 0.0582

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0614 0.0589 0.0605
February 0.0601 0.0575 0.0589
March 0.0639 0.0582 0.0589
April 0.0586 0.0566 0.0582
May 0.0590 0.0583 0.0586
June 0.0590 0.0573 0.0580
July 0.0581 0.0573 0.0578
August 0.0587 0.0578 0.0583
September 0.0592 0.0580 0.0588
October 0.0589 0.0580 0.0585
November 0.0590 0.0570 0.0580
December 0.0582 0.0573 0.0577