2023 MDL to MUR Historical Review

YEARLY HIGH

2.6528 MUR

YEARLY LOW

2.2752 MUR

YEARLY AVERAGE

2.4933 MUR

2023 MDL to MUR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MDL to MUR exchange rate experienced significant fluctuation. The market reached its absolute peak on July 22, valuing the pair at 2.6528. Conversely, the yearly low was recorded on January 8, dropping to 2.2752.

This high-to-low spread represents a total annual volatility of 0.3776 MUR. From a start-to-finish perspective, comparing the January average rate of 2.3239 to the December average rate of 2.5076, the exchange rate registered a net change of 7.90% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 2.6528 was up 6.89% compared to the 2022 peak of 2.4819, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 13,264 MUR

2022 Average 11,730 MUR

Yearly Trough Low 11,376 MUR

Transaction Impact: A difference of 1,887.97 MUR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

2.5982

2.2990

JanuMarcMayJulySeptNove

MDL 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 2.4777, compared to 2.5090 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0313 points.

H1 Avg (Jan–Jun) 2.4777

H2 Avg (Jul–Dec) 2.5090

Volatility Range Comparison

Volatility

The most volatile month in 2023 was September, with a trading range of 0.1817 MUR (High: 2.6221 / Low: 2.4405). On the other end, October was the most stable month, with a tight range of 0.0335 MUR (High: 2.4624 / Low: 2.4288).

September Spread (Volatile) ±0.1817

October Spread (Stable) ±0.0335

Growth Streaks & Declines

Trends

Between January and May, 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 August and September, when the average rate fell by 0.0703 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0703

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 2.5474) against the same month in 2022 (average: 2.3550), the exchange rate shifted by +0.1925 (+8.17%).

2023 Avg (July) 2.5474

2022 Avg (July) 2.3550

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.4126	2.2752	2.3239
February	2.4828	2.3534	2.4358
March	2.5390	2.4548	2.4969
April	2.5190	2.4834	2.5027
May	2.5838	2.5074	2.5568
June	2.5968	2.4862	2.5501
July	2.6528	2.4823	2.5474
August	2.6068	2.5441	2.5733
September	2.6221	2.4405	2.5030
October	2.4624	2.4288	2.4447
November	2.5295	2.4423	2.4778
December	2.5734	2.4651	2.5076