2023 MUR to BZD Historical Review

YEARLY HIGH

0.0462 BZD

YEARLY LOW

0.0426 BZD

YEARLY AVERAGE

0.0447 BZD

2023 MUR to BZD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MUR to BZD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 13, valuing the pair at 0.0462. Conversely, the yearly low was recorded on March 13, dropping to 0.0426.

This high-to-low spread represents a total annual volatility of 0.0036 BZD. From a start-to-finish perspective, comparing the January average rate of 0.0457 to the December average rate of 0.0457, the exchange rate registered a net change of 0.06% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0462 was down 2.43% compared to the 2022 peak of 0.0474, 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 231 BZD

2022 Average 228 BZD

Yearly Trough Low 213 BZD

Transaction Impact: A difference of 18.22 BZD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0460

0.0430

JanuMarcMayJulySeptNove

MUR to BZD 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 0.0444, compared to 0.0450 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) 0.0444

H2 Avg (Jul–Dec) 0.0450

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0024 BZD (High: 0.0456 / Low: 0.0432). On the other end, October was the most stable month, with a tight range of 0.0004 BZD (High: 0.0456 / Low: 0.0452).

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: 0.0457) against the same month in 2022 (average: 0.0462), the exchange rate shifted by -0.0005 (-1.03%).

2023 Avg (January) 0.0457

2022 Avg (January) 0.0462

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0462	0.0447	0.0457
February	0.0456	0.0432	0.0441
March	0.0443	0.0426	0.0433
April	0.0449	0.0442	0.0446
May	0.0448	0.0440	0.0444
June	0.0445	0.0436	0.0442
July	0.0446	0.0436	0.0442
August	0.0448	0.0437	0.0443
September	0.0454	0.0433	0.0448
October	0.0456	0.0452	0.0454
November	0.0457	0.0449	0.0455
December	0.0461	0.0451	0.0457