YEARLY HIGH
0.2483 MUR
YEARLY LOW
0.0543 MUR
YEARLY AVERAGE
0.1731 MUR

2023 ARS to MUR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the ARS to MUR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 0.2483. Conversely, the yearly low was recorded on December 28, dropping to 0.0543.

This high-to-low spread represents a total annual volatility of 0.1940 MUR. From a start-to-finish perspective, comparing the January average rate of 0.2424 to the December average rate of 0.0808, the exchange rate registered a net change of -66.66% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.2483 was down 41.59% compared to the 2022 peak of 0.4252, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,242 MUR
2022 Average 1,736 MUR
Yearly Trough Low 272 MUR
Transaction Impact: A difference of 970.04 MUR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.2586
0.0647
JanuMarcMayJulySeptNove

ARS 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 0.2169, compared to 0.1293 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0875 points.

H1 Avg (Jan–Jun) 0.2169
H2 Avg (Jul–Dec) 0.1293

Volatility Range Comparison

Volatility

The most volatile month in 2023 was December, with a trading range of 0.0687 MUR (High: 0.1230 / Low: 0.0543). On the other end, October was the most stable month, with a tight range of 0.0010 MUR (High: 0.1273 / Low: 0.1263).

December Spread (Volatile) ±0.0687
October Spread (Stable) ±0.0010

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2023. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0444 points.

Longest Streak 0 Mo.
Sharpest MoM Drop -0.0444

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.2424) against the same month in 2022 (average: 0.4203), the exchange rate shifted by -0.1778 (-42.31%).

2023 Avg (January) 0.2424
2022 Avg (January) 0.4203

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2483 0.2364 0.2424
February 0.2422 0.2336 0.2384
March 0.2369 0.2181 0.2295
April 0.2181 0.2020 0.2099
May 0.2035 0.1908 0.1969
June 0.1917 0.1774 0.1840
July 0.1787 0.1672 0.1716
August 0.1637 0.1294 0.1431
September 0.1332 0.1271 0.1286
October 0.1273 0.1263 0.1266
November 0.1272 0.1224 0.1252
December 0.1230 0.0543 0.0808