YEARLY HIGH
0.0836 MUR
YEARLY LOW
0.0740 MUR
YEARLY AVERAGE
0.0809 MUR

2024 SOS to MUR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the SOS to MUR exchange rate experienced significant fluctuation. The market reached its absolute peak on April 15, valuing the pair at 0.0836. Conversely, the yearly low was recorded on March 12, dropping to 0.0740.

This high-to-low spread represents a total annual volatility of 0.0096 MUR. From a start-to-finish perspective, comparing the January average rate of 0.0782 to the December average rate of 0.0820, the exchange rate registered a net change of 4.84% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0836 was up 0.44% compared to the 2023 peak of 0.0832, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 418 MUR
2023 Average 396 MUR
Yearly Trough Low 370 MUR
Transaction Impact: A difference of 48.02 MUR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0824
0.0778
JanuMarcMayJulySeptNove

SOS 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 0.0804, compared to 0.0813 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0009 points.

H1 Avg (Jan–Jun) 0.0804
H2 Avg (Jul–Dec) 0.0813

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 0.0074 MUR (High: 0.0814 / Low: 0.0740). On the other end, May was the most stable month, with a tight range of 0.0010 MUR (High: 0.0813 / Low: 0.0803).

March Spread (Volatile) ±0.0074
May Spread (Stable) ±0.0010

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 0.0007 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0007

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2024: 0.0813) against the same month in 2023 (average: 0.0795), the exchange rate shifted by +0.0018 (+2.32%).

2024 Avg (April) 0.0813
2023 Avg (April) 0.0795

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0803 0.0770 0.0782
February 0.0822 0.0787 0.0802
March 0.0814 0.0740 0.0804
April 0.0836 0.0806 0.0813
May 0.0813 0.0803 0.0807
June 0.0827 0.0796 0.0815
July 0.0826 0.0814 0.0818
August 0.0826 0.0806 0.0812
September 0.0817 0.0795 0.0805
October 0.0816 0.0803 0.0809
November 0.0830 0.0802 0.0815
December 0.0829 0.0814 0.0820