YEARLY HIGH
0.0413 AWG
YEARLY LOW
0.0382 AWG
YEARLY AVERAGE
0.0399 AWG

2023 MUR to AWG Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MUR to AWG exchange rate experienced significant fluctuation. The market reached its absolute peak on January 14, valuing the pair at 0.0413. Conversely, the yearly low was recorded on March 13, dropping to 0.0382.

This high-to-low spread represents a total annual volatility of 0.0032 AWG. From a start-to-finish perspective, comparing the January average rate of 0.0408 to the December average rate of 0.0408, the exchange rate registered a net change of -0.05% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0413 was down 2.21% compared to the 2022 peak of 0.0423, 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 207 AWG
2022 Average 203 AWG
Yearly Trough Low 191 AWG
Transaction Impact: A difference of 15.76 AWG purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0410
0.0386
JanuMarcMayJulySeptNove

MUR to AWG 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 0.0397, compared to 0.0402 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0005 points.

H1 Avg (Jan–Jun) 0.0397
H2 Avg (Jul–Dec) 0.0402

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0021 AWG (High: 0.0407 / Low: 0.0386). On the other end, October was the most stable month, with a tight range of 0.0003 AWG (High: 0.0408 / Low: 0.0404).

February Spread (Volatile) ±0.0021
October Spread (Stable) ±0.0003

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 0.0014 points.

Longest Streak 6 Mo.
Sharpest MoM Drop -0.0014

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.0408) against the same month in 2022 (average: 0.0412), the exchange rate shifted by -0.0004 (-0.96%).

2023 Avg (January) 0.0408
2022 Avg (January) 0.0412

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0413 0.0399 0.0408
February 0.0407 0.0386 0.0394
March 0.0396 0.0382 0.0388
April 0.0402 0.0396 0.0399
May 0.0400 0.0394 0.0397
June 0.0397 0.0391 0.0395
July 0.0399 0.0389 0.0395
August 0.0400 0.0391 0.0396
September 0.0405 0.0386 0.0400
October 0.0408 0.0404 0.0406
November 0.0409 0.0400 0.0406
December 0.0410 0.0403 0.0408