2023 BND to MUR Historical Review

YEARLY HIGH

35.1360 MUR

YEARLY LOW

32.2711 MUR

YEARLY AVERAGE

33.6016 MUR

2023 BND to MUR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BND to MUR exchange rate experienced significant fluctuation. The market reached its absolute peak on March 23, valuing the pair at 35.1360. Conversely, the yearly low was recorded on October 4, dropping to 32.2711.

This high-to-low spread represents a total annual volatility of 2.8649 MUR. From a start-to-finish perspective, comparing the January average rate of 33.2592 to the December average rate of 33.1348, the exchange rate registered a net change of -0.37% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 35.1360 was up 4.84% compared to the 2022 peak of 33.5152, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 175,680 MUR

2022 Average 160,468 MUR

Yearly Trough Low 161,356 MUR

Transaction Impact: A difference of 14,324.52 MUR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

34.9036

32.1564

JanuMarcMayJulySeptNove

BND 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 34.0074, compared to 33.1958 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.8116 points.

H1 Avg (Jan–Jun) 34.0074

H2 Avg (Jul–Dec) 33.1958

Volatility Range Comparison

Volatility

The most volatile month in 2023 was September, with a trading range of 1.9949 MUR (High: 34.4174 / Low: 32.4225). On the other end, October was the most stable month, with a tight range of 0.3224 MUR (High: 32.5935 / Low: 32.2711).

September Spread (Volatile) ±1.9949

October Spread (Stable) ±0.3224

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 0.7369 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.7369

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 34.6746) against the same month in 2022 (average: 32.6377), the exchange rate shifted by +2.0369 (+6.24%).

2023 Avg (March) 34.6746

2022 Avg (March) 32.6377

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	34.3564	32.4273	33.2592
February	34.8330	33.6715	34.3290
March	35.1360	34.2347	34.6746
April	34.2724	33.5787	33.9377
May	34.2914	33.6460	33.9288
June	34.3679	33.5043	33.9153
July	34.7975	33.5043	34.1506
August	34.0354	33.3914	33.6843
September	34.4174	32.4225	33.0220
October	32.5935	32.2711	32.3853
November	33.3016	32.2896	32.7977
December	33.7723	32.8116	33.1348