2024 QAR to MUR Historical Review

YEARLY HIGH

13.1120 MUR

YEARLY LOW

11.6101 MUR

YEARLY AVERAGE

12.6804 MUR

2024 QAR to MUR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the QAR to MUR exchange rate experienced significant fluctuation. The market reached its absolute peak on April 15, valuing the pair at 13.1120. Conversely, the yearly low was recorded on March 12, dropping to 11.6101.

This high-to-low spread represents a total annual volatility of 1.5020 MUR. From a start-to-finish perspective, comparing the January average rate of 12.2624 to the December average rate of 12.8586, the exchange rate registered a net change of 4.86% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 13.1120 was up 1.27% compared to the 2023 peak of 12.9480, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 65,560 MUR

2023 Average 61,895 MUR

Yearly Trough Low 58,050 MUR

Transaction Impact: A difference of 7,509.83 MUR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

12.9182

12.2028

JanuMarcMayJulySeptNove

QAR 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 12.6082, compared to 12.7526 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1444 points.

H1 Avg (Jan–Jun) 12.6082

H2 Avg (Jul–Dec) 12.7526

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 1.1419 MUR (High: 12.7520 / Low: 11.6101). On the other end, May was the most stable month, with a tight range of 0.1548 MUR (High: 12.7306 / Low: 12.5758).

March Spread (Volatile) ±1.1419

May Spread (Stable) ±0.1548

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 0.1055 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.1055

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2024: 12.7533) against the same month in 2023 (average: 12.3834), the exchange rate shifted by +0.3698 (+2.99%).

2024 Avg (April) 12.7533

2023 Avg (April) 12.3834

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	12.6013	12.0917	12.2624
February	12.9085	12.3469	12.5846
March	12.7520	11.6101	12.6062
April	13.1120	12.6493	12.7533
May	12.7306	12.5758	12.6565
June	12.9531	12.4704	12.7864
July	12.9365	12.7460	12.8253
August	12.9372	12.6419	12.7319
September	12.8039	12.5325	12.6264
October	12.7938	12.5960	12.6843
November	13.0275	12.5839	12.7893
December	12.9995	12.7538	12.8586