YEARLY HIGH
0.0064 MUR
YEARLY LOW
0.0057 MUR
YEARLY AVERAGE
0.0061 MUR

2024 PYG to MUR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the PYG to MUR exchange rate experienced significant fluctuation. The market reached its absolute peak on April 15, valuing the pair at 0.0064. Conversely, the yearly low was recorded on October 27, dropping to 0.0057.

This high-to-low spread represents a total annual volatility of 0.0007 MUR. From a start-to-finish perspective, comparing the January average rate of 0.0061 to the December average rate of 0.0060, the exchange rate registered a net change of -2.19% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0064 was down 1.86% compared to the 2023 peak of 0.0066, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 32 MUR
2023 Average 31 MUR
Yearly Trough Low 29 MUR
Transaction Impact: A difference of 3.50 MUR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0063
0.0058
JanuMarcMayJulySeptNove

PYG 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 0.0062, compared to 0.0060 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.0062
H2 Avg (Jul–Dec) 0.0060

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 0.0005 MUR (High: 0.0063 / Low: 0.0058). On the other end, May was the most stable month, with a tight range of 0.0001 MUR (High: 0.0062 / Low: 0.0061).

March Spread (Volatile) ±0.0005
May Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between May and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.0002 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2024: 0.0063) against the same month in 2023 (average: 0.0063), the exchange rate shifted by -0.0000 (-0.40%).

2024 Avg (April) 0.0063
2023 Avg (April) 0.0063

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0063 0.0060 0.0061
February 0.0064 0.0062 0.0063
March 0.0063 0.0058 0.0063
April 0.0064 0.0062 0.0063
May 0.0062 0.0061 0.0061
June 0.0063 0.0060 0.0062
July 0.0063 0.0061 0.0062
August 0.0062 0.0060 0.0061
September 0.0061 0.0059 0.0059
October 0.0060 0.0057 0.0059
November 0.0061 0.0058 0.0060
December 0.0061 0.0059 0.0060