2023 GYD to MUR Historical Review

YEARLY HIGH

0.2242 MUR

YEARLY LOW

0.2085 MUR

YEARLY AVERAGE

0.2146 MUR

2023 GYD to MUR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the GYD to MUR exchange rate experienced significant fluctuation. The market reached its absolute peak on March 10, valuing the pair at 0.2242. Conversely, the yearly low was recorded on January 13, dropping to 0.2085.

This high-to-low spread represents a total annual volatility of 0.0157 MUR. From a start-to-finish perspective, comparing the January average rate of 0.2104 to the December average rate of 0.2107, the exchange rate registered a net change of 0.14% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.2242 was up 1.05% compared to the 2022 peak of 0.2219, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,121 MUR

2022 Average 1,057 MUR

Yearly Trough Low 1,043 MUR

Transaction Impact: A difference of 78.30 MUR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.2215

0.2094

JanuMarcMayJulySeptNove

GYD 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 0.2153, compared to 0.2139 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0014 points.

H1 Avg (Jan–Jun) 0.2153

H2 Avg (Jul–Dec) 0.2139

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0114 MUR (High: 0.2209 / Low: 0.2095). On the other end, October was the most stable month, with a tight range of 0.0017 MUR (High: 0.2129 / Low: 0.2111).

February Spread (Volatile) ±0.0114

October Spread (Stable) ±0.0017

Growth Streaks & Declines

Trends

Between April and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0069 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0069

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 0.2205) against the same month in 2022 (average: 0.2119), the exchange rate shifted by +0.0086 (+4.06%).

2023 Avg (March) 0.2205

2022 Avg (March) 0.2119

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2139	0.2085	0.2104
February	0.2209	0.2095	0.2167
March	0.2242	0.2154	0.2205
April	0.2156	0.2121	0.2136
May	0.2167	0.2128	0.2149
June	0.2186	0.2142	0.2158
July	0.2211	0.2150	0.2172
August	0.2202	0.2149	0.2173
September	0.2225	0.2123	0.2150
October	0.2129	0.2111	0.2119
November	0.2146	0.2094	0.2115
December	0.2134	0.2088	0.2107