2023 BMD to MUR Historical Review

YEARLY HIGH

47.1500 MUR

YEARLY LOW

43.5529 MUR

YEARLY AVERAGE

45.1046 MUR

2023 BMD to MUR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BMD to MUR exchange rate experienced significant fluctuation. The market reached its absolute peak on March 13, valuing the pair at 47.1500. Conversely, the yearly low was recorded on January 14, dropping to 43.5529.

This high-to-low spread represents a total annual volatility of 3.5971 MUR. From a start-to-finish perspective, comparing the January average rate of 44.1279 to the December average rate of 44.1449, the exchange rate registered a net change of 0.04% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 47.1500 was up 1.62% compared to the 2022 peak of 46.4000, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 235,750 MUR

2022 Average 221,213 MUR

Yearly Trough Low 217,765 MUR

Transaction Impact: A difference of 17,985.33 MUR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

46.6893

43.8950

JanuMarcMayJulySeptNove

BMD 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 45.4192, compared to 44.7900 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.6292 points.

H1 Avg (Jan–Jun) 45.4192

H2 Avg (Jul–Dec) 44.7900

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 2.4507 MUR (High: 46.6507 / Low: 44.2000). On the other end, October was the most stable month, with a tight range of 0.3528 MUR (High: 44.5521 / Low: 44.1993).

February Spread (Volatile) ±2.4507

October Spread (Stable) ±0.3528

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 1.3143 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -1.3143

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 46.4564) against the same month in 2022 (average: 44.3421), the exchange rate shifted by +2.1143 (+4.77%).

2023 Avg (March) 46.4564

2022 Avg (March) 44.3421

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	45.1589	43.5529	44.1279
February	46.6507	44.2000	45.7232
March	47.1500	45.4500	46.4564
April	45.5000	44.8500	45.1422
May	45.7019	44.9488	45.4256
June	46.1100	45.2835	45.6401
July	46.2966	45.2238	45.5709
August	46.0600	45.0900	45.4915
September	46.6200	44.4711	44.9855
October	44.5521	44.1993	44.3258
November	44.9500	44.0994	44.2214
December	44.6500	43.9042	44.1449