2024 NPR to MUR Historical Review

YEARLY HIGH

0.3579 MUR

YEARLY LOW

0.3192 MUR

YEARLY AVERAGE

0.3451 MUR

2024 NPR to MUR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the NPR to MUR exchange rate experienced significant fluctuation. The market reached its absolute peak on April 15, valuing the pair at 0.3579. Conversely, the yearly low was recorded on March 12, dropping to 0.3192.

This high-to-low spread represents a total annual volatility of 0.0386 MUR. From a start-to-finish perspective, comparing the January average rate of 0.3360 to the December average rate of 0.3447, the exchange rate registered a net change of 2.59% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.3579 was down 0.73% compared to the 2023 peak of 0.3605, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,789 MUR

2023 Average 1,708 MUR

Yearly Trough Low 1,596 MUR

Transaction Impact: A difference of 193.21 MUR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.3509

0.3347

JanuMarcMayJulySeptNove

NPR 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 0.3450, compared to 0.3453 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0003 points.

H1 Avg (Jan–Jun) 0.3450

H2 Avg (Jul–Dec) 0.3453

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 0.0290 MUR (High: 0.3482 / Low: 0.3192). On the other end, May was the most stable month, with a tight range of 0.0034 MUR (High: 0.3473 / Low: 0.3439).

March Spread (Volatile) ±0.0290

May Spread (Stable) ±0.0034

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 0.0041 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0041

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2024: 0.3484) against the same month in 2023 (average: 0.3445), the exchange rate shifted by +0.0038 (+1.11%).

2024 Avg (April) 0.3484

2023 Avg (April) 0.3445

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.3450	0.3274	0.3360
February	0.3539	0.3389	0.3453
March	0.3482	0.3192	0.3458
April	0.3579	0.3457	0.3484
May	0.3473	0.3439	0.3457
June	0.3544	0.3408	0.3489
July	0.3533	0.3473	0.3495
August	0.3521	0.3426	0.3454
September	0.3472	0.3410	0.3430
October	0.3469	0.3407	0.3437
November	0.3512	0.3404	0.3452
December	0.3484	0.3421	0.3447