YEARLY HIGH
0.0789 MUR
YEARLY LOW
0.0704 MUR
YEARLY AVERAGE
0.0762 MUR

2024 XAF to MUR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the XAF to MUR exchange rate experienced significant fluctuation. The market reached its absolute peak on August 23, valuing the pair at 0.0789. Conversely, the yearly low was recorded on March 12, dropping to 0.0704.

This high-to-low spread represents a total annual volatility of 0.0084 MUR. From a start-to-finish perspective, comparing the January average rate of 0.0743 to the December average rate of 0.0748, the exchange rate registered a net change of 0.64% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0789 was up 1.26% compared to the 2023 peak of 0.0779, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 394 MUR
2023 Average 372 MUR
Yearly Trough Low 352 MUR
Transaction Impact: A difference of 42.20 MUR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0783
0.0739
JanuMarcMayJulySeptNove

XAF 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 0.0757, compared to 0.0767 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0010 points.

H1 Avg (Jan–Jun) 0.0757
H2 Avg (Jul–Dec) 0.0767

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 0.0065 MUR (High: 0.0769 / Low: 0.0704). On the other end, May was the most stable month, with a tight range of 0.0006 MUR (High: 0.0764 / Low: 0.0757).

March Spread (Volatile) ±0.0065
May Spread (Stable) ±0.0006

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 0.0013 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0013

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2024: 0.0779) against the same month in 2023 (average: 0.0757), the exchange rate shifted by +0.0022 (+2.90%).

2024 Avg (August) 0.0779
2023 Avg (August) 0.0757

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0760 0.0734 0.0743
February 0.0773 0.0742 0.0755
March 0.0769 0.0704 0.0761
April 0.0773 0.0753 0.0759
May 0.0764 0.0757 0.0760
June 0.0772 0.0752 0.0764
July 0.0778 0.0765 0.0773
August 0.0789 0.0767 0.0779
September 0.0785 0.0773 0.0779
October 0.0780 0.0754 0.0768
November 0.0767 0.0741 0.0755
December 0.0754 0.0735 0.0748