2023 CRC to MUR Historical Review

YEARLY HIGH

0.0867 MUR

YEARLY LOW

0.0739 MUR

YEARLY AVERAGE

0.0833 MUR

2023 CRC to MUR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the CRC to MUR exchange rate experienced significant fluctuation. The market reached its absolute peak on September 4, valuing the pair at 0.0867. Conversely, the yearly low was recorded on January 5, dropping to 0.0739.

This high-to-low spread represents a total annual volatility of 0.0129 MUR. From a start-to-finish perspective, comparing the January average rate of 0.0768 to the December average rate of 0.0841, the exchange rate registered a net change of 9.41% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0867 was up 14.06% compared to the 2022 peak of 0.0761, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 434 MUR

2022 Average 343 MUR

Yearly Trough Low 369 MUR

Transaction Impact: A difference of 64.25 MUR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0860

0.0760

JanuMarcMayJulySeptNove

CRC 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 0.0827, compared to 0.0839 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0012 points.

H1 Avg (Jan–Jun) 0.0827

H2 Avg (Jul–Dec) 0.0839

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0063 MUR (High: 0.0802 / Low: 0.0739). On the other end, October was the most stable month, with a tight range of 0.0014 MUR (High: 0.0839 / Low: 0.0826).

January Spread (Volatile) ±0.0063

October Spread (Stable) ±0.0014

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 0.0009 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0009

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2023: 0.0840) against the same month in 2022 (average: 0.0702), the exchange rate shifted by +0.0138 (+19.71%).

2023 Avg (September) 0.0840

2022 Avg (September) 0.0702

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0802	0.0739	0.0768
February	0.0835	0.0780	0.0809
March	0.0867	0.0828	0.0852
April	0.0851	0.0836	0.0843
May	0.0858	0.0833	0.0845
June	0.0859	0.0838	0.0845
July	0.0860	0.0830	0.0844
August	0.0864	0.0828	0.0845
September	0.0867	0.0825	0.0840
October	0.0839	0.0826	0.0833
November	0.0847	0.0827	0.0834
December	0.0857	0.0833	0.0841