YEARLY HIGH
2.6478 MUR
YEARLY LOW
2.2559 MUR
YEARLY AVERAGE
2.4464 MUR

2023 LSL to MUR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the LSL to MUR exchange rate experienced significant fluctuation. The market reached its absolute peak on February 3, valuing the pair at 2.6478. Conversely, the yearly low was recorded on November 13, dropping to 2.2559.

This high-to-low spread represents a total annual volatility of 0.3918 MUR. From a start-to-finish perspective, comparing the January average rate of 2.5800 to the December average rate of 2.3649, the exchange rate registered a net change of -8.34% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 2.6478 was down 14.93% compared to the 2022 peak of 3.1123, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 13,239 MUR
2022 Average 13,573 MUR
Yearly Trough Low 11,280 MUR
Transaction Impact: A difference of 1,959.09 MUR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

2.6054
2.3008
JanuMarcMayJulySeptNove

LSL 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 2.4988, compared to 2.3941 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1047 points.

H1 Avg (Jan–Jun) 2.4988
H2 Avg (Jul–Dec) 2.3941

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 0.2128 MUR (High: 2.6065 / Low: 2.3937). On the other end, October was the most stable month, with a tight range of 0.0912 MUR (High: 2.3662 / Low: 2.2751).

July Spread (Volatile) ±0.2128
October Spread (Stable) ±0.0912

Growth Streaks & Declines

Trends

Between May and July, 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 April and May, when the average rate fell by 0.1023 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.1023

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 2.5544) against the same month in 2022 (average: 2.8732), the exchange rate shifted by -0.3188 (-11.09%).

2023 Avg (February) 2.5544
2022 Avg (February) 2.8732

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.6435 2.5350 2.5800
February 2.6478 2.4940 2.5544
March 2.5929 2.4985 2.5434
April 2.5629 2.4521 2.4893
May 2.4891 2.3090 2.3871
June 2.5198 2.3249 2.4385
July 2.6065 2.3937 2.5021
August 2.5088 2.3269 2.4202
September 2.4646 2.3184 2.3728
October 2.3662 2.2751 2.3262
November 2.4630 2.2559 2.3782
December 2.4179 2.3043 2.3649