2023 MUR to CAD Historical Review

YEARLY HIGH

0.0314 CAD

YEARLY LOW

0.0285 CAD

YEARLY AVERAGE

0.0299 CAD

2023 MUR to CAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MUR to CAD exchange rate experienced significant fluctuation. The market reached its absolute peak on October 31, valuing the pair at 0.0314. Conversely, the yearly low was recorded on July 31, dropping to 0.0285.

This high-to-low spread represents a total annual volatility of 0.0029 CAD. From a start-to-finish perspective, comparing the January average rate of 0.0304 to the December average rate of 0.0304, the exchange rate registered a net change of -0.12% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0314 was down 0.57% compared to the 2022 peak of 0.0315, 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 157 CAD

2022 Average 147 CAD

Yearly Trough Low 143 CAD

Transaction Impact: A difference of 14.34 CAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0312

0.0288

JanuMarcMayJulySeptNove

MUR to CAD 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 0.0297, compared to 0.0302 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0005 points.

H1 Avg (Jan–Jun) 0.0297

H2 Avg (Jul–Dec) 0.0302

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0016 CAD (High: 0.0311 / Low: 0.0295). On the other end, August was the most stable month, with a tight range of 0.0006 CAD (High: 0.0299 / Low: 0.0293).

January Spread (Volatile) ±0.0016

August Spread (Stable) ±0.0006

Growth Streaks & Declines

Trends

Between July and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0010 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0010

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 0.0309) against the same month in 2022 (average: 0.0307), the exchange rate shifted by +0.0003 (+0.90%).

2023 Avg (October) 0.0309

2022 Avg (October) 0.0307

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0311	0.0295	0.0304
February	0.0300	0.0290	0.0294
March	0.0300	0.0290	0.0295
April	0.0304	0.0295	0.0299
May	0.0303	0.0295	0.0298
June	0.0295	0.0286	0.0291
July	0.0293	0.0285	0.0290
August	0.0299	0.0293	0.0296
September	0.0305	0.0292	0.0301
October	0.0314	0.0305	0.0309
November	0.0313	0.0306	0.0310
December	0.0308	0.0296	0.0304