2024 PEN to MUR Historical Review

YEARLY HIGH

12.8873 MUR

YEARLY LOW

11.4565 MUR

YEARLY AVERAGE

12.3092 MUR

2024 PEN to MUR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the PEN to MUR exchange rate experienced significant fluctuation. The market reached its absolute peak on April 15, valuing the pair at 12.8873. Conversely, the yearly low was recorded on March 12, dropping to 11.4565.

This high-to-low spread represents a total annual volatility of 1.4308 MUR. From a start-to-finish perspective, comparing the January average rate of 11.9736 to the December average rate of 12.5525, the exchange rate registered a net change of 4.83% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 12.8873 was up 0.30% compared to the 2023 peak of 12.8491, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 64,436 MUR

2023 Average 60,332 MUR

Yearly Trough Low 57,282 MUR

Transaction Impact: A difference of 7,154.11 MUR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

12.6104

11.9158

JanuMarcMayJulySeptNove

PEN 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 12.2477, compared to 12.3708 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1232 points.

H1 Avg (Jan–Jun) 12.2477

H2 Avg (Jul–Dec) 12.3708

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 1.1486 MUR (High: 12.6050 / Low: 11.4565). On the other end, May was the most stable month, with a tight range of 0.2806 MUR (High: 12.5330 / Low: 12.2524).

March Spread (Volatile) ±1.1486

May Spread (Stable) ±0.2806

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 August and September, when the average rate fell by 0.2008 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.2008

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2024: 12.5031) against the same month in 2023 (average: 12.0157), the exchange rate shifted by +0.4874 (+4.06%).

2024 Avg (April) 12.5031

2023 Avg (April) 12.0157

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	12.2926	11.7600	11.9736
February	12.2120	11.7306	11.9766
March	12.6050	11.4565	12.3584
April	12.8873	12.3036	12.5031
May	12.5330	12.2524	12.3580
June	12.4943	12.1014	12.3162
July	12.5411	12.1799	12.4176
August	12.6047	12.2823	12.4036
September	12.4013	12.0623	12.2028
October	12.4950	12.2076	12.3267
November	12.4668	12.1454	12.3218
December	12.7264	12.4150	12.5525