YEARLY HIGH
17.6679 MUR
YEARLY LOW
15.6405 MUR
YEARLY AVERAGE
17.0923 MUR

2024 XCD to MUR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the XCD to MUR exchange rate experienced significant fluctuation. The market reached its absolute peak on April 15, valuing the pair at 17.6679. Conversely, the yearly low was recorded on March 12, dropping to 15.6405.

This high-to-low spread represents a total annual volatility of 2.0274 MUR. From a start-to-finish perspective, comparing the January average rate of 16.5304 to the December average rate of 17.3323, the exchange rate registered a net change of 4.85% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 17.6679 was up 1.27% compared to the 2023 peak of 17.4465, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 88,339 MUR
2023 Average 83,441 MUR
Yearly Trough Low 78,203 MUR
Transaction Impact: A difference of 10,136.76 MUR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

17.4125
16.4502
JanuMarcMayJulySeptNove

XCD 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 16.9959, compared to 17.1886 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1927 points.

H1 Avg (Jan–Jun) 16.9959
H2 Avg (Jul–Dec) 17.1886

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 1.5395 MUR (High: 17.1801 / Low: 15.6405). On the other end, May was the most stable month, with a tight range of 0.2220 MUR (High: 17.1579 / Low: 16.9359).

March Spread (Volatile) ±1.5395
May Spread (Stable) ±0.2220

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 0.1510 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.1510

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2024: 17.1893) against the same month in 2023 (average: 16.7036), the exchange rate shifted by +0.4858 (+2.91%).

2024 Avg (April) 17.1893
2023 Avg (April) 16.7036

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 16.9748 16.2883 16.5304
February 17.3910 16.6324 16.9669
March 17.1801 15.6405 16.9869
April 17.6679 17.0617 17.1893
May 17.1579 16.9359 17.0617
June 17.4650 16.9425 17.2402
July 17.4650 17.2060 17.2926
August 17.2985 17.0395 17.1416
September 17.2541 16.8878 17.0192
October 17.2356 16.9729 17.1077
November 17.5501 16.9581 17.2382
December 17.4650 17.1875 17.3323