2023 GMD to MUR Historical Review

YEARLY HIGH

0.7774 MUR

YEARLY LOW

0.6519 MUR

YEARLY AVERAGE

0.7258 MUR

2023 GMD to MUR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the GMD to MUR exchange rate experienced significant fluctuation. The market reached its absolute peak on June 13, valuing the pair at 0.7774. Conversely, the yearly low was recorded on December 25, dropping to 0.6519.

This high-to-low spread represents a total annual volatility of 0.1255 MUR. From a start-to-finish perspective, comparing the January average rate of 0.7115 to the December average rate of 0.6554, the exchange rate registered a net change of -7.88% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.7774 was down 8.81% compared to the 2022 peak of 0.8525, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,887 MUR

2022 Average 4,004 MUR

Yearly Trough Low 3,260 MUR

Transaction Impact: A difference of 627.29 MUR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.7785

0.6442

JanuMarcMayJulySeptNove

GMD 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 0.7456, compared to 0.7059 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0397 points.

H1 Avg (Jan–Jun) 0.7456

H2 Avg (Jul–Dec) 0.7059

Volatility Range Comparison

Volatility

The most volatile month in 2023 was September, with a trading range of 0.0822 MUR (High: 0.7666 / Low: 0.6844). On the other end, December was the most stable month, with a tight range of 0.0108 MUR (High: 0.6627 / Low: 0.6519).

September Spread (Volatile) ±0.0822

December Spread (Stable) ±0.0108

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 September and October, when the average rate fell by 0.0529 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0529

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2023: 0.7673) against the same month in 2022 (average: 0.8205), the exchange rate shifted by -0.0532 (-6.48%).

2023 Avg (June) 0.7673

2022 Avg (June) 0.8205

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.7307	0.7016	0.7115
February	0.7635	0.7175	0.7483
March	0.7685	0.7313	0.7568
April	0.7498	0.7223	0.7300
May	0.7672	0.7485	0.7600
June	0.7774	0.7617	0.7673
July	0.7727	0.7578	0.7641
August	0.7597	0.7444	0.7509
September	0.7666	0.6844	0.7284
October	0.6908	0.6705	0.6756
November	0.6804	0.6551	0.6612
December	0.6627	0.6519	0.6554