2023 EUR to MUR Historical Review

YEARLY HIGH

51.0771 MUR

YEARLY LOW

45.9731 MUR

YEARLY AVERAGE

48.8173 MUR

2023 EUR to MUR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the EUR to MUR exchange rate experienced significant fluctuation. The market reached its absolute peak on July 21, valuing the pair at 51.0771. Conversely, the yearly low was recorded on January 5, dropping to 45.9731.

This high-to-low spread represents a total annual volatility of 5.1040 MUR. From a start-to-finish perspective, comparing the January average rate of 47.6074 to the December average rate of 48.2210, the exchange rate registered a net change of 1.29% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 51.0771 was up 1.71% compared to the 2022 peak of 50.2179, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 255,385 MUR

2022 Average 233,014 MUR

Yearly Trough Low 229,866 MUR

Transaction Impact: A difference of 25,519.87 MUR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

50.7499

46.4775

JanuMarcMayJulySeptNove

EUR 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 49.1394, compared to 48.4952 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.6442 points.

H1 Avg (Jan–Jun) 49.1394

H2 Avg (Jul–Dec) 48.4952

Volatility Range Comparison

Volatility

The most volatile month in 2023 was September, with a trading range of 3.5701 MUR (High: 50.3092 / Low: 46.7391). On the other end, October was the most stable month, with a tight range of 0.8456 MUR (High: 47.3407 / Low: 46.4951).

September Spread (Volatile) ±3.5701

October Spread (Stable) ±0.8456

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 1.5895 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -1.5895

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 50.3939) against the same month in 2022 (average: 46.2041), the exchange rate shifted by +4.1898 (+9.07%).

2023 Avg (July) 50.3939

2022 Avg (July) 46.2041

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	49.0990	45.9731	47.6074
February	49.6896	48.3076	48.9306
March	50.5657	48.8831	49.7766
April	50.0181	49.1605	49.6057
May	50.7281	48.7632	49.4227
June	50.3406	48.6706	49.4934
July	51.0771	49.4235	50.3939
August	50.2760	49.0858	49.6302
September	50.3092	46.7391	48.0407
October	47.3407	46.4951	46.8336
November	48.7851	46.8477	47.8520
December	49.5993	47.4752	48.2210