2023 BAM to MUR Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 BAM to MUR Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the BAM to MUR exchange rate experienced significant fluctuation. The market reached its absolute peak on July 21, valuing the pair at 26.2797. Conversely, the yearly low was recorded on January 7, dropping to 23.4540.
This high-to-low spread represents a total annual volatility of 2.8256 MUR. From a start-to-finish perspective, comparing the January average rate of 24.2819 to the December average rate of 24.6379, the exchange rate registered a net change of 1.47% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2023 high of 26.2797 was up 2.08% compared to the 2022 peak of 25.7437, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 BAM based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2023.
BAM to MUR Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 25.1053, compared to 24.7969 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.3084 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was September, with a trading range of 1.7544 MUR (High: 25.7378 / Low: 23.9833). On the other end, October was the most stable month, with a tight range of 0.3230 MUR (High: 24.1107 / Low: 23.7877).
Growth Streaks & Declines
TrendsBetween 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 August and September, when the average rate fell by 0.7837 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (July 2023: 25.7670) against the same month in 2022 (average: 23.6341), the exchange rate shifted by +2.1329 (+9.02%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 25.1073 | 23.4540 | 24.2819 |
| February | 25.4006 | 24.6179 | 25.0435 |
| March | 25.9215 | 25.1100 | 25.4265 |
| April | 25.5811 | 25.1801 | 25.3298 |
| May | 25.7387 | 24.9529 | 25.2615 |
| June | 25.8540 | 24.9311 | 25.2887 |
| July | 26.2797 | 25.2933 | 25.7670 |
| August | 25.7017 | 25.1656 | 25.3843 |
| September | 25.7378 | 23.9833 | 24.6006 |
| October | 24.1107 | 23.7877 | 23.9524 |
| November | 24.9260 | 23.8671 | 24.4391 |
| December | 25.2489 | 24.2588 | 24.6379 |