2023 MUR to AED Historical Review

YEARLY HIGH

0.0843 AED

YEARLY LOW

0.0779 AED

YEARLY AVERAGE

0.0815 AED

2023 MUR to AED Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MUR to AED exchange rate experienced significant fluctuation. The market reached its absolute peak on January 14, valuing the pair at 0.0843. Conversely, the yearly low was recorded on March 13, dropping to 0.0779.

This high-to-low spread represents a total annual volatility of 0.0064 AED. From a start-to-finish perspective, comparing the January average rate of 0.0832 to the December average rate of 0.0832, the exchange rate registered a net change of -0.06% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0843 was down 2.19% compared to the 2022 peak of 0.0862, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 422 AED

2022 Average 415 AED

Yearly Trough Low 389 AED

Transaction Impact: A difference of 32.20 AED purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0837

0.0786

JanuMarcMayJulySeptNove

MUR to AED 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 0.0809, compared to 0.0820 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0011 points.

H1 Avg (Jan–Jun) 0.0809

H2 Avg (Jul–Dec) 0.0820

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0044 AED (High: 0.0831 / Low: 0.0787). On the other end, October was the most stable month, with a tight range of 0.0007 AED (High: 0.0831 / Low: 0.0824).

February Spread (Volatile) ±0.0044

October Spread (Stable) ±0.0007

Growth Streaks & Declines

Trends

Between June and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0029 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -0.0029

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.0832) against the same month in 2022 (average: 0.0841), the exchange rate shifted by -0.0009 (-1.05%).

2023 Avg (January) 0.0832

2022 Avg (January) 0.0841

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0843	0.0813	0.0832
February	0.0831	0.0787	0.0803
March	0.0808	0.0779	0.0791
April	0.0819	0.0807	0.0814
May	0.0817	0.0804	0.0808
June	0.0811	0.0797	0.0805
July	0.0812	0.0793	0.0806
August	0.0815	0.0797	0.0807
September	0.0826	0.0788	0.0817
October	0.0831	0.0824	0.0829
November	0.0833	0.0817	0.0831
December	0.0837	0.0823	0.0832