2024 PGK to MUR Historical Review

YEARLY HIGH

12.5525 MUR

YEARLY LOW

11.0683 MUR

YEARLY AVERAGE

11.8724 MUR

2024 PGK to MUR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the PGK to MUR exchange rate experienced significant fluctuation. The market reached its absolute peak on April 15, valuing the pair at 12.5525. Conversely, the yearly low was recorded on March 12, dropping to 11.0683.

This high-to-low spread represents a total annual volatility of 1.4842 MUR. From a start-to-finish perspective, comparing the January average rate of 11.9658 to the December average rate of 11.5865, the exchange rate registered a net change of -3.17% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 12.5525 was down 6.48% compared to the 2023 peak of 13.4226, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 62,762 MUR

2023 Average 62,658 MUR

Yearly Trough Low 55,341 MUR

Transaction Impact: A difference of 7,420.92 MUR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

12.2137

11.5294

JanuMarcMayJulySeptNove

PGK 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 12.0410, compared to 11.7038 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.3371 points.

H1 Avg (Jan–Jun) 12.0410

H2 Avg (Jul–Dec) 11.7038

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 1.2512 MUR (High: 12.3195 / Low: 11.0683). On the other end, May was the most stable month, with a tight range of 0.2033 MUR (High: 12.0150 / Low: 11.8117).

March Spread (Volatile) ±1.2512

May Spread (Stable) ±0.2033

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2024. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.2669 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.2669

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2024: 12.1567) against the same month in 2023 (average: 12.8021), the exchange rate shifted by -0.6454 (-5.04%).

2024 Avg (April) 12.1567

2023 Avg (April) 12.8021

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	12.3019	11.6836	11.9658
February	12.5239	11.9694	12.1537
March	12.3195	11.0683	12.0865
April	12.5525	11.9741	12.1567
May	12.0150	11.8117	11.8898
June	12.2776	11.7769	11.9932
July	12.2520	11.8567	11.9867
August	12.0764	11.6637	11.7989
September	11.7842	11.4295	11.6166
October	11.8497	11.4755	11.6476
November	11.7445	11.4257	11.5865
December	11.7712	11.4817	11.5865