2024 MZN to MUR Historical Review

YEARLY HIGH

0.7449 MUR

YEARLY LOW

0.6620 MUR

YEARLY AVERAGE

0.7230 MUR

2024 MZN to MUR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MZN to MUR exchange rate experienced significant fluctuation. The market reached its absolute peak on April 15, valuing the pair at 0.7449. Conversely, the yearly low was recorded on March 12, dropping to 0.6620.

This high-to-low spread represents a total annual volatility of 0.0829 MUR. From a start-to-finish perspective, comparing the January average rate of 0.7003 to the December average rate of 0.7335, the exchange rate registered a net change of 4.74% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.7449 was up 0.87% compared to the 2023 peak of 0.7384, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 MZN based on timing:

Yearly Peak High 3,725 MUR

2023 Average 3,531 MUR

Yearly Trough Low 3,310 MUR

Transaction Impact: A difference of 414.47 MUR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.7368

0.6970

JanuMarcMayJulySeptNove

MZN to MUR 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 0.7190, compared to 0.7271 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0082 points.

H1 Avg (Jan–Jun) 0.7190

H2 Avg (Jul–Dec) 0.7271

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 0.0640 MUR (High: 0.7260 / Low: 0.6620). On the other end, May was the most stable month, with a tight range of 0.0091 MUR (High: 0.7254 / Low: 0.7162).

March Spread (Volatile) ±0.0640

May Spread (Stable) ±0.0091

Growth Streaks & Declines

Trends

Between January and April, 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 July and August, when the average rate fell by 0.0064 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0064

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2024: 0.7263) against the same month in 2023 (average: 0.7067), the exchange rate shifted by +0.0195 (+2.76%).

2024 Avg (April) 0.7263

2023 Avg (April) 0.7067

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.7212	0.6894	0.7003
February	0.7355	0.7037	0.7178
March	0.7260	0.6620	0.7185
April	0.7449	0.7216	0.7263
May	0.7254	0.7162	0.7216
June	0.7387	0.7163	0.7293
July	0.7387	0.7283	0.7315
August	0.7322	0.7206	0.7251
September	0.7303	0.7142	0.7201
October	0.7295	0.7178	0.7236
November	0.7423	0.7172	0.7290
December	0.7395	0.7268	0.7335