YEARLY HIGH
0.0359 AUD
YEARLY LOW
0.0310 AUD
YEARLY AVERAGE
0.0334 AUD

2023 MUR to AUD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MUR to AUD exchange rate experienced significant fluctuation. The market reached its absolute peak on October 14, valuing the pair at 0.0359. Conversely, the yearly low was recorded on January 28, dropping to 0.0310.

This high-to-low spread represents a total annual volatility of 0.0049 AUD. From a start-to-finish perspective, comparing the January average rate of 0.0326 to the December average rate of 0.0338, the exchange rate registered a net change of 3.75% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0359 was down 1.81% compared to the 2022 peak of 0.0365, 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 179 AUD
2022 Average 163 AUD
Yearly Trough Low 155 AUD
Transaction Impact: A difference of 24.58 AUD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0359
0.0314
JanuMarcMayJulySeptNove

MUR to AUD 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 0.0326, compared to 0.0342 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0016 points.

H1 Avg (Jan–Jun) 0.0326
H2 Avg (Jul–Dec) 0.0342

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0029 AUD (High: 0.0339 / Low: 0.0310). On the other end, October was the most stable month, with a tight range of 0.0009 AUD (High: 0.0359 / Low: 0.0349).

January Spread (Volatile) ±0.0029
October Spread (Stable) ±0.0009

Growth Streaks & Declines

Trends

Between June and October, 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 November and December, when the average rate fell by 0.0010 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0010

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 0.0355) against the same month in 2022 (average: 0.0352), the exchange rate shifted by +0.0004 (+1.04%).

2023 Avg (October) 0.0355
2022 Avg (October) 0.0352

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0339 0.0310 0.0326
February 0.0322 0.0312 0.0318
March 0.0329 0.0317 0.0322
April 0.0337 0.0324 0.0331
May 0.0338 0.0325 0.0332
June 0.0333 0.0319 0.0326
July 0.0330 0.0320 0.0326
August 0.0345 0.0334 0.0339
September 0.0354 0.0332 0.0346
October 0.0359 0.0349 0.0355
November 0.0356 0.0340 0.0348
December 0.0346 0.0327 0.0338