2023 MUR to CRC Historical Review

YEARLY HIGH

13.5332 CRC

YEARLY LOW

11.5282 CRC

YEARLY AVERAGE

12.0123 CRC

2023 MUR to CRC Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MUR to CRC exchange rate experienced significant fluctuation. The market reached its absolute peak on January 5, valuing the pair at 13.5332. Conversely, the yearly low was recorded on September 4, dropping to 11.5282.

This high-to-low spread represents a total annual volatility of 2.0049 CRC. From a start-to-finish perspective, comparing the January average rate of 13.0279 to the December average rate of 11.8968, the exchange rate registered a net change of -8.68% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 13.5332 was down 14.64% compared to the 2022 peak of 15.8546, 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 67,666 CRC

2022 Average 72,931 CRC

Yearly Trough Low 57,641 CRC

Transaction Impact: A difference of 10,024.62 CRC purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

13.1562

11.6171

JanuMarcMayJulySeptNove

MUR to CRC 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 12.1106, compared to 11.9140 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1966 points.

H1 Avg (Jan–Jun) 12.1106

H2 Avg (Jul–Dec) 11.9140

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 1.0704 CRC (High: 13.5332 / Low: 12.4627). On the other end, October was the most stable month, with a tight range of 0.1952 CRC (High: 12.1133 / Low: 11.9181).

January Spread (Volatile) ±1.0704

October Spread (Stable) ±0.1952

Growth Streaks & Declines

Trends

Between August and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.6656 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.6656

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 13.0279) against the same month in 2022 (average: 14.6326), the exchange rate shifted by -1.6046 (-10.97%).

2023 Avg (January) 13.0279

2022 Avg (January) 14.6326

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	13.5332	12.4627	13.0279
February	12.8284	11.9754	12.3623
March	12.0833	11.5292	11.7453
April	11.9564	11.7511	11.8646
May	12.0110	11.6611	11.8320
June	11.9327	11.6417	11.8313
July	12.0536	11.6312	11.8539
August	12.0710	11.5707	11.8316
September	12.1150	11.5282	11.9061
October	12.1133	11.9181	11.9996
November	12.0873	11.8072	11.9958
December	11.9997	11.6618	11.8968