2023 LKR to MUR Historical Review

YEARLY HIGH

0.1580 MUR

YEARLY LOW

0.1189 MUR

YEARLY AVERAGE

0.1377 MUR

2023 LKR to MUR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the LKR to MUR exchange rate experienced significant fluctuation. The market reached its absolute peak on June 7, valuing the pair at 0.1580. Conversely, the yearly low was recorded on January 10, dropping to 0.1189.

This high-to-low spread represents a total annual volatility of 0.0391 MUR. From a start-to-finish perspective, comparing the January average rate of 0.1207 to the December average rate of 0.1351, the exchange rate registered a net change of 11.97% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1580 was down 27.83% compared to the 2022 peak of 0.2189, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 790 MUR

2022 Average 717 MUR

Yearly Trough Low 594 MUR

Transaction Impact: A difference of 195.46 MUR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1539

0.1176

JanuMarcMayJulySeptNove

LKR 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 0.1371, compared to 0.1383 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0012 points.

H1 Avg (Jan–Jun) 0.1371

H2 Avg (Jul–Dec) 0.1383

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0174 MUR (High: 0.1457 / Low: 0.1283). On the other end, October was the most stable month, with a tight range of 0.0026 MUR (High: 0.1375 / Low: 0.1349).

March Spread (Volatile) ±0.0174

October Spread (Stable) ±0.0026

Growth Streaks & Declines

Trends

Between January and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.0081 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0081

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2023: 0.1509) against the same month in 2022 (average: 0.1234), the exchange rate shifted by +0.0275 (+22.28%).

2023 Avg (June) 0.1509

2022 Avg (June) 0.1234

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1240	0.1189	0.1207
February	0.1281	0.1208	0.1253
March	0.1457	0.1283	0.1391
April	0.1428	0.1377	0.1402
May	0.1555	0.1406	0.1467
June	0.1580	0.1425	0.1509
July	0.1488	0.1373	0.1428
August	0.1435	0.1394	0.1414
September	0.1456	0.1370	0.1392
October	0.1375	0.1349	0.1364
November	0.1369	0.1339	0.1349
December	0.1380	0.1339	0.1351