2024 YER to MUR Historical Review

YEARLY HIGH

0.1907 MUR

YEARLY LOW

0.1689 MUR

YEARLY AVERAGE

0.1846 MUR

2024 YER to MUR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the YER to MUR exchange rate experienced significant fluctuation. The market reached its absolute peak on April 15, valuing the pair at 0.1907. Conversely, the yearly low was recorded on March 12, dropping to 0.1689.

This high-to-low spread represents a total annual volatility of 0.0219 MUR. From a start-to-finish perspective, comparing the January average rate of 0.1785 to the December average rate of 0.1873, the exchange rate registered a net change of 4.97% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.1907 was up 1.26% compared to the 2023 peak of 0.1884, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 954 MUR

2023 Average 901 MUR

Yearly Trough Low 844 MUR

Transaction Impact: A difference of 109.35 MUR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.1882

0.1776

JanuMarcMayJulySeptNove

YER 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 0.1835, compared to 0.1856 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0022 points.

H1 Avg (Jan–Jun) 0.1835

H2 Avg (Jul–Dec) 0.1856

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 0.0166 MUR (High: 0.1855 / Low: 0.1689). On the other end, May was the most stable month, with a tight range of 0.0021 MUR (High: 0.1852 / Low: 0.1832).

March Spread (Volatile) ±0.0166

May Spread (Stable) ±0.0021

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 0.0016 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0016

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2024: 0.1855) against the same month in 2023 (average: 0.1803), the exchange rate shifted by +0.0052 (+2.89%).

2024 Avg (April) 0.1855

2023 Avg (April) 0.1803

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1832	0.1759	0.1785
February	0.1877	0.1796	0.1832
March	0.1855	0.1689	0.1834
April	0.1907	0.1842	0.1855
May	0.1852	0.1832	0.1843
June	0.1886	0.1828	0.1861
July	0.1885	0.1858	0.1867
August	0.1867	0.1839	0.1851
September	0.1863	0.1823	0.1837
October	0.1861	0.1832	0.1847
November	0.1898	0.1832	0.1864
December	0.1889	0.1855	0.1873