YEARLY HIGH
26.4901 MUR
YEARLY LOW
23.4504 MUR
YEARLY AVERAGE
25.6489 MUR

2024 AWG to MUR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the AWG to MUR exchange rate experienced significant fluctuation. The market reached its absolute peak on April 15, valuing the pair at 26.4901. Conversely, the yearly low was recorded on March 12, dropping to 23.4504.

This high-to-low spread represents a total annual volatility of 3.0397 MUR. From a start-to-finish perspective, comparing the January average rate of 24.8007 to the December average rate of 26.0197, the exchange rate registered a net change of 4.92% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 26.4901 was up 1.13% compared to the 2023 peak of 26.1944, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 132,450 MUR
2023 Average 125,224 MUR
Yearly Trough Low 117,252 MUR
Transaction Impact: A difference of 15,198.39 MUR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

26.1416
24.6788
JanuMarcMayJulySeptNove

AWG 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 25.5010, compared to 25.7969 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2960 points.

H1 Avg (Jan–Jun) 25.5010
H2 Avg (Jul–Dec) 25.7969

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 2.3441 MUR (High: 25.7944 / Low: 23.4504). On the other end, May was the most stable month, with a tight range of 0.3575 MUR (High: 25.7500 / Low: 25.3925).

March Spread (Volatile) ±2.3441
May Spread (Stable) ±0.3575

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 0.2235 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.2235

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2024: 25.7962) against the same month in 2023 (average: 25.0606), the exchange rate shifted by +0.7356 (+2.94%).

2024 Avg (April) 25.7962
2023 Avg (April) 25.0606

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 25.4685 24.4216 24.8007
February 26.1111 24.9722 25.4597
March 25.7944 23.4504 25.4833
April 26.4901 25.5811 25.7962
May 25.7500 25.3925 25.5984
June 26.1859 25.4025 25.8674
July 26.2040 25.8333 25.9498
August 25.9722 25.5478 25.7264
September 25.8696 25.3204 25.5376
October 25.8778 25.4480 25.6746
November 26.3317 25.4424 25.8733
December 26.2222 25.7698 26.0197