YEARLY HIGH
2.5480 ALL
YEARLY LOW
1.9789 ALL
YEARLY AVERAGE
2.2311 ALL

2023 MUR to ALL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MUR to ALL exchange rate experienced significant fluctuation. The market reached its absolute peak on January 8, valuing the pair at 2.5480. Conversely, the yearly low was recorded on July 23, dropping to 1.9789.

This high-to-low spread represents a total annual volatility of 0.5692 ALL. From a start-to-finish perspective, comparing the January average rate of 2.4463 to the December average rate of 2.1332, the exchange rate registered a net change of -12.80% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 2.5480 was down 7.03% compared to the 2022 peak of 2.7408, 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 12,740 ALL
2022 Average 12,777 ALL
Yearly Trough Low 9,894 ALL
Transaction Impact: A difference of 2,845.90 ALL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

2.4858
2.0119
JanuMarcMayJulySeptNove

MUR to ALL 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 2.3002, compared to 2.1619 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1384 points.

H1 Avg (Jan–Jun) 2.3002
H2 Avg (Jul–Dec) 2.1619

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 0.1723 ALL (High: 2.1512 / Low: 1.9789). On the other end, October was the most stable month, with a tight range of 0.0430 ALL (High: 2.2801 / Low: 2.2371).

July Spread (Volatile) ±0.1723
October Spread (Stable) ±0.0430

Growth Streaks & Declines

Trends

Between July and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.1187 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.1187

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 2.4463) against the same month in 2022 (average: 2.4555), the exchange rate shifted by -0.0092 (-0.37%).

2023 Avg (January) 2.4463
2022 Avg (January) 2.4555

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.5480 2.3765 2.4463
February 2.4190 2.3163 2.3635
March 2.3423 2.2548 2.3012
April 2.2948 2.2264 2.2688
May 2.3082 2.2221 2.2516
June 2.2336 2.1166 2.1701
July 2.1512 1.9789 2.0514
August 2.2265 2.0555 2.1296
September 2.2737 2.1489 2.2255
October 2.2801 2.2371 2.2589
November 2.2592 2.1123 2.1725
December 2.1651 2.0939 2.1332