2023 MUR to AZN Historical Review

YEARLY HIGH

0.0390 AZN

YEARLY LOW

0.0361 AZN

YEARLY AVERAGE

0.0377 AZN

2023 MUR to AZN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MUR to AZN exchange rate experienced significant fluctuation. The market reached its absolute peak on January 14, valuing the pair at 0.0390. Conversely, the yearly low was recorded on March 16, dropping to 0.0361.

This high-to-low spread represents a total annual volatility of 0.0030 AZN. From a start-to-finish perspective, comparing the January average rate of 0.0385 to the December average rate of 0.0385, 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 0.0390 was down 2.19% compared to the 2022 peak of 0.0399, 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 195 AZN

2022 Average 192 AZN

Yearly Trough Low 180 AZN

Transaction Impact: A difference of 14.89 AZN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0387

0.0364

JanuMarcMayJulySeptNove

MUR to AZN 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 0.0374, compared to 0.0380 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) 0.0374

H2 Avg (Jul–Dec) 0.0380

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0020 AZN (High: 0.0385 / Low: 0.0364). On the other end, October was the most stable month, with a tight range of 0.0003 AZN (High: 0.0385 / Low: 0.0382).

February Spread (Volatile) ±0.0020

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 0.0013 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -0.0013

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.0385) against the same month in 2022 (average: 0.0389), the exchange rate shifted by -0.0004 (-1.04%).

2023 Avg (January) 0.0385

2022 Avg (January) 0.0389

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0390	0.0376	0.0385
February	0.0385	0.0364	0.0372
March	0.0374	0.0361	0.0366
April	0.0379	0.0374	0.0377
May	0.0378	0.0372	0.0374
June	0.0375	0.0369	0.0373
July	0.0376	0.0367	0.0373
August	0.0377	0.0369	0.0374
September	0.0382	0.0365	0.0378
October	0.0385	0.0382	0.0384
November	0.0386	0.0378	0.0385
December	0.0387	0.0381	0.0385