2023 MUR to BTN Historical Review

YEARLY HIGH

1.9045 BTN

YEARLY LOW

1.7337 BTN

YEARLY AVERAGE

1.8308 BTN

2023 MUR to BTN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MUR to BTN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 28, valuing the pair at 1.9045. Conversely, the yearly low was recorded on March 10, dropping to 1.7337.

This high-to-low spread represents a total annual volatility of 0.1708 BTN. From a start-to-finish perspective, comparing the January average rate of 1.8545 to the December average rate of 1.8875, the exchange rate registered a net change of 1.78% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 1.9045 was up 0.27% compared to the 2022 peak of 1.8993, 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 9,523 BTN

2022 Average 8,882 BTN

Yearly Trough Low 8,669 BTN

Transaction Impact: A difference of 853.95 BTN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

1.8993

1.7580

JanuMarcMayJulySeptNove

MUR to BTN 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 1.8095, compared to 1.8520 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0425 points.

H1 Avg (Jan–Jun) 1.8095

H2 Avg (Jul–Dec) 1.8520

Volatility Range Comparison

Volatility

The most volatile month in 2023 was September, with a trading range of 0.0975 BTN (High: 1.8722 / Low: 1.7747). On the other end, October was the most stable month, with a tight range of 0.0161 BTN (High: 1.8843 / Low: 1.8682).

September Spread (Volatile) ±0.0975

October Spread (Stable) ±0.0161

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 0.0479 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -0.0479

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 1.8875) against the same month in 2022 (average: 1.8801), the exchange rate shifted by +0.0074 (+0.39%).

2023 Avg (December) 1.8875

2022 Avg (December) 1.8801

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.8951	1.8059	1.8545
February	1.8546	1.7764	1.8066
March	1.8048	1.7337	1.7698
April	1.8284	1.7943	1.8142
May	1.8206	1.7973	1.8114
June	1.8198	1.7730	1.8008
July	1.8235	1.7780	1.8017
August	1.8400	1.7943	1.8204
September	1.8722	1.7747	1.8454
October	1.8843	1.8682	1.8759
November	1.8910	1.8525	1.8814
December	1.9045	1.8618	1.8875