YEARLY HIGH
524.0517 STD
YEARLY LOW
477.9451 STD
YEARLY AVERAGE
500.9896 STD

2023 MUR to STD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MUR to STD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 14, valuing the pair at 524.0517. Conversely, the yearly low was recorded on September 4, dropping to 477.9451.

This high-to-low spread represents a total annual volatility of 46.1067 STD. From a start-to-finish perspective, comparing the January average rate of 517.2795 to the December average rate of 504.7519, the exchange rate registered a net change of -2.42% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 524.0517 was down 1.77% compared to the 2022 peak of 533.4727, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,620,259 STD
2022 Average 2,506,239 STD
Yearly Trough Low 2,389,725 STD
Transaction Impact: A difference of 230,533.28 STD purely based on transaction execution date.

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520.0249
487.0801
JanuMarcMayJulySeptNove

MUR to STD 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 502.6735, compared to 499.3056 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 3.3680 points.

H1 Avg (Jan–Jun) 502.6735
H2 Avg (Jul–Dec) 499.3056

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 27.1270 STD (High: 516.3799 / Low: 489.2528). On the other end, October was the most stable month, with a tight range of 3.9915 STD (High: 504.1210 / Low: 500.1294).

February Spread (Volatile) Âą27.1270
October Spread (Stable) Âą3.9915

Growth Streaks & Declines

Trends

Between August and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 18.0301 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -18.0301

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 517.2795) against the same month in 2022 (average: 484.4166), the exchange rate shifted by +32.8628 (+6.78%).

2023 Avg (January) 517.2795
2022 Avg (January) 484.4166

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Month High Low Average
January 524.0517 505.4153 517.2795
February 516.3799 489.2528 499.2494
March 502.1781 484.0719 491.3428
April 508.8961 501.6262 505.6116
May 507.7773 499.4096 502.4566
June 504.0239 494.9900 500.1015
July 504.6897 481.2838 499.3407
August 494.1628 483.7560 489.8255
September 501.0397 477.9451 495.3545
October 504.1210 500.1294 502.6843
November 505.2636 495.7019 503.8766
December 507.5095 499.0325 504.7519