2023 MUR to BWP Historical Review

YEARLY HIGH

0.3133 BWP

YEARLY LOW

0.2797 BWP

YEARLY AVERAGE

0.2962 BWP

2023 MUR to BWP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MUR to BWP exchange rate experienced significant fluctuation. The market reached its absolute peak on October 9, valuing the pair at 0.3133. Conversely, the yearly low was recorded on March 14, dropping to 0.2797.

This high-to-low spread represents a total annual volatility of 0.0335 BWP. From a start-to-finish perspective, comparing the January average rate of 0.2895 to the December average rate of 0.3060, the exchange rate registered a net change of 5.68% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.3133 was up 2.20% compared to the 2022 peak of 0.3065, 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 1,566 BWP

2022 Average 1,398 BWP

Yearly Trough Low 1,399 BWP

Transaction Impact: A difference of 167.54 BWP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.3124

0.2820

JanuMarcMayJulySeptNove

MUR to BWP 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 0.2903, compared to 0.3020 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0117 points.

H1 Avg (Jan–Jun) 0.2903

H2 Avg (Jul–Dec) 0.3020

Volatility Range Comparison

Volatility

The most volatile month in 2023 was September, with a trading range of 0.0184 BWP (High: 0.3099 / Low: 0.2915). On the other end, October was the most stable month, with a tight range of 0.0065 BWP (High: 0.3133 / Low: 0.3068).

September Spread (Volatile) ±0.0184

October Spread (Stable) ±0.0065

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 October and November, when the average rate fell by 0.0042 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0042

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 0.3099) against the same month in 2022 (average: 0.2993), the exchange rate shifted by +0.0106 (+3.54%).

2023 Avg (October) 0.3099

2022 Avg (October) 0.2993

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2948	0.2829	0.2895
February	0.2903	0.2806	0.2862
March	0.2874	0.2797	0.2846
April	0.2947	0.2859	0.2907
May	0.3021	0.2891	0.2965
June	0.3017	0.2887	0.2945
July	0.2987	0.2829	0.2905
August	0.3007	0.2924	0.2966
September	0.3099	0.2915	0.3034
October	0.3133	0.3068	0.3099
November	0.3086	0.2990	0.3056
December	0.3109	0.3006	0.3060