2023 ETB to MUR Historical Review

YEARLY HIGH

0.8792 MUR

YEARLY LOW

0.7787 MUR

YEARLY AVERAGE

0.8243 MUR

2023 ETB to MUR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the ETB to MUR exchange rate experienced significant fluctuation. The market reached its absolute peak on March 10, valuing the pair at 0.8792. Conversely, the yearly low was recorded on December 25, dropping to 0.7787.

This high-to-low spread represents a total annual volatility of 0.1005 MUR. From a start-to-finish perspective, comparing the January average rate of 0.8227 to the December average rate of 0.7861, the exchange rate registered a net change of -4.45% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.8792 was down 0.88% compared to the 2022 peak of 0.8870, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 4,396 MUR

2022 Average 4,260 MUR

Yearly Trough Low 3,894 MUR

Transaction Impact: A difference of 502.57 MUR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.8721

0.7783

JanuMarcMayJulySeptNove

ETB 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 0.8405, compared to 0.8080 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0325 points.

H1 Avg (Jan–Jun) 0.8405

H2 Avg (Jul–Dec) 0.8080

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0434 MUR (High: 0.8670 / Low: 0.8236). On the other end, October was the most stable month, with a tight range of 0.0091 MUR (High: 0.8020 / Low: 0.7930).

February Spread (Volatile) ±0.0434

October Spread (Stable) ±0.0091

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 0.0310 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0310

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 0.8643) against the same month in 2022 (average: 0.8669), the exchange rate shifted by -0.0026 (-0.30%).

2023 Avg (March) 0.8643

2022 Avg (March) 0.8669

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.8443	0.8110	0.8227
February	0.8670	0.8236	0.8513
March	0.8792	0.8432	0.8643
April	0.8452	0.8249	0.8333
May	0.8409	0.8270	0.8355
June	0.8481	0.8290	0.8362
July	0.8421	0.8221	0.8312
August	0.8372	0.8165	0.8259
September	0.8429	0.8042	0.8147
October	0.8020	0.7930	0.7971
November	0.8052	0.7851	0.7933
December	0.7969	0.7787	0.7861