2023 MUR to CLP Historical Review

YEARLY HIGH

21.3281 CLP

YEARLY LOW

16.9236 CLP

YEARLY AVERAGE

18.6405 CLP

2023 MUR to CLP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MUR to CLP exchange rate experienced significant fluctuation. The market reached its absolute peak on October 16, valuing the pair at 21.3281. Conversely, the yearly low was recorded on March 12, dropping to 16.9236.

This high-to-low spread represents a total annual volatility of 4.4045 CLP. From a start-to-finish perspective, comparing the January average rate of 18.6597 to the December average rate of 19.8441, the exchange rate registered a net change of 6.35% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 21.3281 was down 8.36% compared to the 2022 peak of 23.2726, 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 106,641 CLP

2022 Average 98,804 CLP

Yearly Trough Low 84,618 CLP

Transaction Impact: A difference of 22,022.42 CLP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

21.2813

17.0298

JanuMarcMayJulySeptNove

MUR to CLP 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 17.7416, compared to 19.5393 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.7977 points.

H1 Avg (Jan–Jun) 17.7416

H2 Avg (Jul–Dec) 19.5393

Volatility Range Comparison

Volatility

The most volatile month in 2023 was September, with a trading range of 1.9418 CLP (High: 20.4332 / Low: 18.4914). On the other end, June was the most stable month, with a tight range of 0.5584 CLP (High: 17.7267 / Low: 17.1683).

September Spread (Volatile) ±1.9418

June Spread (Stable) ±0.5584

Growth Streaks & Declines

Trends

Between June and October, 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 1.1409 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -1.1409

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 20.9270) against the same month in 2022 (average: 21.3429), the exchange rate shifted by -0.4159 (-1.95%).

2023 Avg (October) 20.9270

2022 Avg (October) 21.3429

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	19.5939	17.8372	18.6597
February	18.0164	17.1395	17.5188
March	17.8626	16.9236	17.3841
April	18.1071	17.4018	17.8342
May	18.0145	17.2320	17.5647
June	17.7267	17.1683	17.4884
July	18.1511	17.5708	17.8928
August	19.1907	18.3521	18.8336
September	20.4332	18.4914	19.7007
October	21.3281	20.0394	20.9270
November	20.9424	19.6866	20.0376
December	20.3000	19.4203	19.8441