2023 MNT to MUR Historical Review

YEARLY HIGH

0.0138 MUR

YEARLY LOW

0.0127 MUR

YEARLY AVERAGE

0.0130 MUR

2023 MNT to MUR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MNT to MUR exchange rate experienced significant fluctuation. The market reached its absolute peak on March 13, valuing the pair at 0.0138. Conversely, the yearly low was recorded on December 28, dropping to 0.0127.

This high-to-low spread represents a total annual volatility of 0.0011 MUR. From a start-to-finish perspective, comparing the January average rate of 0.0130 to the December average rate of 0.0128, the exchange rate registered a net change of -1.21% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0138 was down 11.57% compared to the 2022 peak of 0.0156, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 69 MUR

2022 Average 71 MUR

Yearly Trough Low 64 MUR

Transaction Impact: A difference of 5.57 MUR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0137

0.0127

JanuMarcMayJulySeptNove

MNT 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 0.0131, compared to 0.0129 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.0131

H2 Avg (Jul–Dec) 0.0129

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0009 MUR (High: 0.0138 / Low: 0.0129). On the other end, October was the most stable month, with a tight range of 0.0001 MUR (High: 0.0129 / Low: 0.0128).

March Spread (Volatile) ±0.0009

October Spread (Stable) ±0.0001

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 0.0008 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0008

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 0.0136) against the same month in 2022 (average: 0.0154), the exchange rate shifted by -0.0018 (-11.41%).

2023 Avg (March) 0.0136

2022 Avg (March) 0.0154

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0133	0.0128	0.0130
February	0.0137	0.0130	0.0134
March	0.0138	0.0129	0.0136
April	0.0129	0.0127	0.0128
May	0.0130	0.0128	0.0129
June	0.0131	0.0129	0.0130
July	0.0134	0.0129	0.0130
August	0.0134	0.0131	0.0132
September	0.0135	0.0129	0.0130
October	0.0129	0.0128	0.0128
November	0.0130	0.0128	0.0128
December	0.0129	0.0127	0.0128