YEARLY HIGH
12.1338 MUR
YEARLY LOW
9.6150 MUR
YEARLY AVERAGE
11.6046 MUR

2024 PLN to MUR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the PLN to MUR exchange rate experienced significant fluctuation. The market reached its absolute peak on August 24, valuing the pair at 12.1338. Conversely, the yearly low was recorded on January 1, dropping to 9.6150.

This high-to-low spread represents a total annual volatility of 2.5189 MUR. From a start-to-finish perspective, comparing the January average rate of 11.1218 to the December average rate of 11.4894, the exchange rate registered a net change of 3.31% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 12.1338 was up 4.98% compared to the 2023 peak of 11.5578, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 20,000 PLN based on timing:

Yearly Peak High 242,677 MUR
2023 Average 215,133 MUR
Yearly Trough Low 192,299 MUR
Transaction Impact: A difference of 50,377.43 MUR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

12.0299
11.0392
JanuMarcMayJulySeptNove

PLN 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 11.4946, compared to 11.7145 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2198 points.

H1 Avg (Jan–Jun) 11.4946
H2 Avg (Jul–Dec) 11.7145

Volatility Range Comparison

Volatility

The most volatile month in 2024 was January, with a trading range of 1.8355 MUR (High: 11.4505 / Low: 9.6150). On the other end, September was the most stable month, with a tight range of 0.2430 MUR (High: 12.0644 / Low: 11.8213).

January Spread (Volatile) ±1.8355
September Spread (Stable) ±0.2430

Growth Streaks & Declines

Trends

Between June and September, 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 September and October, when the average rate fell by 0.2761 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.2761

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2024: 11.9040) against the same month in 2023 (average: 11.1313), the exchange rate shifted by +0.7727 (+6.94%).

2024 Avg (August) 11.9040
2023 Avg (August) 11.1313

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 11.4505 9.6150 11.1218
February 11.6793 11.2133 11.4444
March 11.6941 10.7696 11.5844
April 11.7840 11.3584 11.5738
May 11.7757 11.4790 11.6407
June 11.8138 11.4221 11.6028
July 11.9684 11.6215 11.8478
August 12.1338 11.6934 11.9040
September 12.0644 11.8213 11.9474
October 11.8939 11.3775 11.6713
November 11.6281 11.1799 11.4269
December 11.5974 11.2973 11.4894