YEARLY HIGH
0.4420 MUR
YEARLY LOW
0.3941 MUR
YEARLY AVERAGE
0.4269 MUR

2024 RSD to MUR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the RSD to MUR exchange rate experienced significant fluctuation. The market reached its absolute peak on August 25, valuing the pair at 0.4420. Conversely, the yearly low was recorded on March 12, dropping to 0.3941.

This high-to-low spread represents a total annual volatility of 0.0479 MUR. From a start-to-finish perspective, comparing the January average rate of 0.4158 to the December average rate of 0.4194, the exchange rate registered a net change of 0.87% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.4420 was up 1.40% compared to the 2023 peak of 0.4359, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,210 MUR
2023 Average 2,081 MUR
Yearly Trough Low 1,970 MUR
Transaction Impact: A difference of 239.67 MUR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.4387
0.4137
JanuMarcMayJulySeptNove

RSD 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 0.4238, compared to 0.4299 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0061 points.

H1 Avg (Jan–Jun) 0.4238
H2 Avg (Jul–Dec) 0.4299

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 0.0361 MUR (High: 0.4301 / Low: 0.3941). On the other end, May was the most stable month, with a tight range of 0.0051 MUR (High: 0.4276 / Low: 0.4225).

March Spread (Volatile) ±0.0361
May Spread (Stable) ±0.0051

Growth Streaks & Declines

Trends

Between April and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0074 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0074

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2024: 0.4364) against the same month in 2023 (average: 0.4232), the exchange rate shifted by +0.0132 (+3.13%).

2024 Avg (August) 0.4364
2023 Avg (August) 0.4232

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.4252 0.4108 0.4158
February 0.4323 0.4154 0.4223
March 0.4301 0.3941 0.4258
April 0.4332 0.4217 0.4253
May 0.4276 0.4225 0.4256
June 0.4322 0.4223 0.4282
July 0.4360 0.4286 0.4333
August 0.4420 0.4298 0.4364
September 0.4403 0.4333 0.4366
October 0.4373 0.4222 0.4305
November 0.4301 0.4152 0.4232
December 0.4227 0.4121 0.4194