YEARLY HIGH
9.8058 MUR
YEARLY LOW
9.0112 MUR
YEARLY AVERAGE
9.3795 MUR

2023 LYD to MUR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the LYD to MUR exchange rate experienced significant fluctuation. The market reached its absolute peak on March 16, valuing the pair at 9.8058. Conversely, the yearly low was recorded on October 7, dropping to 9.0112.

This high-to-low spread represents a total annual volatility of 0.7946 MUR. From a start-to-finish perspective, comparing the January average rate of 9.2296 to the December average rate of 9.1823, the exchange rate registered a net change of -0.51% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 9.8058 was up 0.93% compared to the 2022 peak of 9.7158, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 49,029 MUR
2022 Average 46,064 MUR
Yearly Trough Low 45,056 MUR
Transaction Impact: A difference of 3,973.01 MUR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

9.7282
9.0023
JanuMarcMayJulySeptNove

LYD 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 9.4825, compared to 9.2766 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.2059 points.

H1 Avg (Jan–Jun) 9.4825
H2 Avg (Jul–Dec) 9.2766

Volatility Range Comparison

Volatility

The most volatile month in 2023 was September, with a trading range of 0.5691 MUR (High: 9.6712 / Low: 9.1021). On the other end, October was the most stable month, with a tight range of 0.0931 MUR (High: 9.1043 / Low: 9.0112).

September Spread (Volatile) ±0.5691
October Spread (Stable) ±0.0931

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 0.2095 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.2095

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 9.6677) against the same month in 2022 (average: 9.5367), the exchange rate shifted by +0.1310 (+1.37%).

2023 Avg (March) 9.6677
2022 Avg (March) 9.5367

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 9.4989 9.0703 9.2296
February 9.6899 9.2821 9.5367
March 9.8058 9.5084 9.6677
April 9.5522 9.4136 9.4813
May 9.5808 9.4282 9.4995
June 9.6396 9.3852 9.4800
July 9.7188 9.4252 9.5556
August 9.5612 9.3822 9.4600
September 9.6712 9.1021 9.2723
October 9.1043 9.0112 9.0628
November 9.2911 9.0398 9.1265
December 9.3365 9.1136 9.1823