YEARLY HIGH
0.0177 XDR
YEARLY LOW
0.0159 XDR
YEARLY AVERAGE
0.0163 XDR

2024 MUR to XDR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MUR to XDR exchange rate experienced significant fluctuation. The market reached its absolute peak on March 12, valuing the pair at 0.0177. Conversely, the yearly low was recorded on November 14, dropping to 0.0159.

This high-to-low spread represents a total annual volatility of 0.0018 XDR. From a start-to-finish perspective, comparing the January average rate of 0.0168 to the December average rate of 0.0163, the exchange rate registered a net change of -2.91% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0177 was up 2.64% compared to the 2023 peak of 0.0173, 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 89 XDR
2023 Average 83 XDR
Yearly Trough Low 79 XDR
Transaction Impact: A difference of 9.13 XDR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0168
0.0161
JanuMarcMayJulySeptNove

MUR to XDR 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 0.0164, compared to 0.0162 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.0164
H2 Avg (Jul–Dec) 0.0162

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 0.0015 XDR (High: 0.0177 / Low: 0.0162). On the other end, May was the most stable month, with a tight range of 0.0002 XDR (High: 0.0165 / Low: 0.0163).

March Spread (Volatile) ±0.0015
May Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

Between September and December, 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 0.0003 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0003

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2024: 0.0164) against the same month in 2023 (average: 0.0161), the exchange rate shifted by +0.0003 (+1.55%).

2024 Avg (March) 0.0164
2023 Avg (March) 0.0161

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0170 0.0164 0.0168
February 0.0167 0.0161 0.0164
March 0.0177 0.0162 0.0164
April 0.0165 0.0159 0.0163
May 0.0165 0.0163 0.0164
June 0.0166 0.0161 0.0163
July 0.0163 0.0161 0.0162
August 0.0163 0.0160 0.0162
September 0.0162 0.0159 0.0161
October 0.0164 0.0159 0.0162
November 0.0165 0.0159 0.0162
December 0.0164 0.0161 0.0163