2023 MUR to BRL Historical Review

YEARLY HIGH

0.1245 BRL

YEARLY LOW

0.1021 BRL

YEARLY AVERAGE

0.1108 BRL

2023 MUR to BRL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MUR to BRL exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 0.1245. Conversely, the yearly low was recorded on July 31, dropping to 0.1021.

This high-to-low spread represents a total annual volatility of 0.0225 BRL. From a start-to-finish perspective, comparing the January average rate of 0.1176 to the December average rate of 0.1109, the exchange rate registered a net change of -5.66% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1245 was down 5.98% compared to the 2022 peak of 0.1325, 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 623 BRL

2022 Average 584 BRL

Yearly Trough Low 510 BRL

Transaction Impact: A difference of 112.30 BRL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1188

0.1041

JanuMarcMayJulySeptNove

MUR to BRL 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 0.1117, compared to 0.1099 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0018 points.

H1 Avg (Jan–Jun) 0.1117

H2 Avg (Jul–Dec) 0.1099

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0114 BRL (High: 0.1245 / Low: 0.1131). On the other end, November was the most stable month, with a tight range of 0.0038 BRL (High: 0.1120 / Low: 0.1082).

January Spread (Volatile) ±0.0114

November Spread (Stable) ±0.0038

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 January and February, when the average rate fell by 0.0043 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0043

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.1176) against the same month in 2022 (average: 0.1265), the exchange rate shifted by -0.0089 (-7.04%).

2023 Avg (January) 0.1176

2022 Avg (January) 0.1265

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1245	0.1131	0.1176
February	0.1167	0.1108	0.1133
March	0.1148	0.1094	0.1122
April	0.1127	0.1088	0.1111
May	0.1121	0.1070	0.1096
June	0.1090	0.1039	0.1063
July	0.1077	0.1021	0.1053
August	0.1099	0.1058	0.1079
September	0.1134	0.1059	0.1100
October	0.1168	0.1124	0.1142
November	0.1120	0.1082	0.1108
December	0.1123	0.1081	0.1109