2023 CVE to MUR Historical Review

YEARLY HIGH

0.4634 MUR

YEARLY LOW

0.4168 MUR

YEARLY AVERAGE

0.4419 MUR

2023 CVE to MUR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the CVE to MUR exchange rate experienced significant fluctuation. The market reached its absolute peak on July 22, valuing the pair at 0.4634. Conversely, the yearly low was recorded on January 5, dropping to 0.4168.

This high-to-low spread represents a total annual volatility of 0.0466 MUR. From a start-to-finish perspective, comparing the January average rate of 0.4306 to the December average rate of 0.4364, the exchange rate registered a net change of 1.33% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.4634 was up 2.08% compared to the 2022 peak of 0.4539, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,317 MUR

2022 Average 2,108 MUR

Yearly Trough Low 2,084 MUR

Transaction Impact: A difference of 232.98 MUR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.4598

0.4210

JanuMarcMayJulySeptNove

CVE 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 0.4446, compared to 0.4392 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0054 points.

H1 Avg (Jan–Jun) 0.4446

H2 Avg (Jul–Dec) 0.4392

Volatility Range Comparison

Volatility

The most volatile month in 2023 was September, with a trading range of 0.0318 MUR (High: 0.4565 / Low: 0.4247). On the other end, April was the most stable month, with a tight range of 0.0066 MUR (High: 0.4527 / Low: 0.4461).

September Spread (Volatile) ±0.0318

April Spread (Stable) ±0.0066

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 August and September, when the average rate fell by 0.0143 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0143

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 0.4565) against the same month in 2022 (average: 0.4214), the exchange rate shifted by +0.0351 (+8.34%).

2023 Avg (July) 0.4565

2022 Avg (July) 0.4214

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.4453	0.4168	0.4306
February	0.4505	0.4360	0.4436
March	0.4598	0.4437	0.4507
April	0.4527	0.4461	0.4483
May	0.4530	0.4409	0.4469
June	0.4557	0.4399	0.4473
July	0.4634	0.4468	0.4565
August	0.4559	0.4451	0.4499
September	0.4565	0.4247	0.4356
October	0.4274	0.4206	0.4243
November	0.4415	0.4216	0.4326
December	0.4479	0.4255	0.4364