2024 SYP to MUR Historical Review

YEARLY HIGH

0.0190 MUR

YEARLY LOW

0.0036 MUR

YEARLY AVERAGE

0.0179 MUR

2024 SYP to MUR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the SYP to MUR exchange rate experienced significant fluctuation. The market reached its absolute peak on April 15, valuing the pair at 0.0190. Conversely, the yearly low was recorded on December 23, dropping to 0.0036.

This high-to-low spread represents a total annual volatility of 0.0154 MUR. From a start-to-finish perspective, comparing the January average rate of 0.0178 to the December average rate of 0.0133, the exchange rate registered a net change of -25.28% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0190 was up 1.27% compared to the 2023 peak of 0.0188, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 95 MUR

2023 Average 90 MUR

Yearly Trough Low 18 MUR

Transaction Impact: A difference of 77.00 MUR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0191

0.0128

JanuMarcMayJulySeptNove

SYP 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 0.0183, compared to 0.0176 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0007 points.

H1 Avg (Jan–Jun) 0.0183

H2 Avg (Jul–Dec) 0.0176

Volatility Range Comparison

Volatility

The most volatile month in 2024 was December, with a trading range of 0.0152 MUR (High: 0.0188 / Low: 0.0036). On the other end, May was the most stable month, with a tight range of 0.0002 MUR (High: 0.0185 / Low: 0.0182).

December Spread (Volatile) ±0.0152

May Spread (Stable) ±0.0002

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 November and December, when the average rate fell by 0.0053 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0053

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2024: 0.0185) against the same month in 2023 (average: 0.0180), the exchange rate shifted by +0.0005 (+2.91%).

2024 Avg (April) 0.0185

2023 Avg (April) 0.0180

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0183	0.0175	0.0178
February	0.0187	0.0179	0.0183
March	0.0185	0.0168	0.0183
April	0.0190	0.0184	0.0185
May	0.0185	0.0182	0.0184
June	0.0188	0.0182	0.0185
July	0.0188	0.0185	0.0186
August	0.0186	0.0183	0.0184
September	0.0186	0.0182	0.0183
October	0.0185	0.0183	0.0184
November	0.0189	0.0182	0.0185
December	0.0188	0.0036	0.0133