2024 SAR to MUR Historical Review

YEARLY HIGH

12.7296 MUR

YEARLY LOW

11.2698 MUR

YEARLY AVERAGE

12.3108 MUR

2024 SAR to MUR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the SAR to MUR exchange rate experienced significant fluctuation. The market reached its absolute peak on April 15, valuing the pair at 12.7296. Conversely, the yearly low was recorded on March 12, dropping to 11.2698.

This high-to-low spread represents a total annual volatility of 1.4598 MUR. From a start-to-finish perspective, comparing the January average rate of 11.9125 to the December average rate of 12.4691, the exchange rate registered a net change of 4.67% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 12.7296 was up 1.35% compared to the 2023 peak of 12.5597, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 63,648 MUR

2023 Average 60,109 MUR

Yearly Trough Low 56,349 MUR

Transaction Impact: A difference of 7,299.08 MUR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

12.5247

11.8569

JanuMarcMayJulySeptNove

SAR 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 12.2470, compared to 12.3747 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1277 points.

H1 Avg (Jan–Jun) 12.2470

H2 Avg (Jul–Dec) 12.3747

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 1.0987 MUR (High: 12.3685 / Low: 11.2698). On the other end, May was the most stable month, with a tight range of 0.1590 MUR (High: 12.3630 / Low: 12.2040).

March Spread (Volatile) ±1.0987

May Spread (Stable) ±0.1590

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 July and August, when the average rate fell by 0.1130 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.1130

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2024: 12.3855) against the same month in 2023 (average: 12.0343), the exchange rate shifted by +0.3512 (+2.92%).

2024 Avg (April) 12.3855

2023 Avg (April) 12.0343

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	12.2335	11.7386	11.9125
February	12.5323	11.9864	12.2270
March	12.3685	11.2698	12.2409
April	12.7296	12.2927	12.3855
May	12.3630	12.2040	12.2944
June	12.5877	12.2084	12.4215
July	12.5836	12.3972	12.4588
August	12.4888	12.2729	12.3459
September	12.4256	12.1643	12.2578
October	12.4061	12.2148	12.3119
November	12.6277	12.2025	12.4046
December	12.5682	12.3656	12.4691