2023 AED to MUR Historical Review

YEARLY HIGH

12.8380 MUR

YEARLY LOW

11.8576 MUR

YEARLY AVERAGE

12.2807 MUR

2023 AED to MUR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the AED to MUR exchange rate experienced significant fluctuation. The market reached its absolute peak on March 13, valuing the pair at 12.8380. Conversely, the yearly low was recorded on January 14, dropping to 11.8576.

This high-to-low spread represents a total annual volatility of 0.9804 MUR. From a start-to-finish perspective, comparing the January average rate of 12.0142 to the December average rate of 12.0203, the exchange rate registered a net change of 0.05% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 12.8380 was up 1.63% compared to the 2022 peak of 12.6327, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 64,190 MUR

2022 Average 60,227 MUR

Yearly Trough Low 59,288 MUR

Transaction Impact: A difference of 4,902.23 MUR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

12.7126

11.9508

JanuMarcMayJulySeptNove

AED 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 12.3667, compared to 12.1947 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1720 points.

H1 Avg (Jan–Jun) 12.3667

H2 Avg (Jul–Dec) 12.1947

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.6672 MUR (High: 12.7011 / Low: 12.0339). On the other end, October was the most stable month, with a tight range of 0.0963 MUR (High: 12.1296 / Low: 12.0333).

February Spread (Volatile) ±0.6672

October Spread (Stable) ±0.0963

Growth Streaks & Declines

Trends

Between January and March, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.3568 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.3568

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 12.6491) against the same month in 2022 (average: 12.0722), the exchange rate shifted by +0.5769 (+4.78%).

2023 Avg (March) 12.6491

2022 Avg (March) 12.0722

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	12.2948	11.8576	12.0142
February	12.7011	12.0339	12.4485
March	12.8380	12.3751	12.6491
April	12.3893	12.2127	12.2923
May	12.4450	12.2396	12.3701
June	12.5539	12.3288	12.4259
July	12.6043	12.3123	12.4070
August	12.5400	12.2760	12.3852
September	12.6923	12.1074	12.2476
October	12.1296	12.0333	12.0679
November	12.2383	12.0067	12.0401
December	12.1579	11.9539	12.0203