YEARLY HIGH
0.0459 BBD
YEARLY LOW
0.0424 BBD
YEARLY AVERAGE
0.0444 BBD

2023 MUR to BBD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MUR to BBD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 14, valuing the pair at 0.0459. Conversely, the yearly low was recorded on March 16, dropping to 0.0424.

This high-to-low spread represents a total annual volatility of 0.0035 BBD. From a start-to-finish perspective, comparing the January average rate of 0.0453 to the December average rate of 0.0453, 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 0.0459 was down 2.19% compared to the 2022 peak of 0.0469, 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 230 BBD
2022 Average 226 BBD
Yearly Trough Low 212 BBD
Transaction Impact: A difference of 17.52 BBD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0456
0.0428
JanuMarcMayJulySeptNove

MUR to BBD 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 0.0440, compared to 0.0447 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0006 points.

H1 Avg (Jan–Jun) 0.0440
H2 Avg (Jul–Dec) 0.0447

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0024 BBD (High: 0.0452 / Low: 0.0429). On the other end, October was the most stable month, with a tight range of 0.0004 BBD (High: 0.0452 / Low: 0.0449).

February Spread (Volatile) ±0.0024
October Spread (Stable) ±0.0004

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 0.0016 points.

Longest Streak 6 Mo.
Sharpest MoM Drop -0.0016

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.0453) against the same month in 2022 (average: 0.0458), the exchange rate shifted by -0.0005 (-1.05%).

2023 Avg (January) 0.0453
2022 Avg (January) 0.0458

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0459 0.0443 0.0453
February 0.0452 0.0429 0.0437
March 0.0440 0.0424 0.0431
April 0.0446 0.0440 0.0443
May 0.0445 0.0438 0.0440
June 0.0442 0.0434 0.0438
July 0.0442 0.0432 0.0439
August 0.0444 0.0434 0.0440
September 0.0450 0.0429 0.0445
October 0.0452 0.0449 0.0451
November 0.0454 0.0445 0.0452
December 0.0456 0.0448 0.0453