2023 MUR to EGP Historical Review

YEARLY HIGH

0.7043 EGP

YEARLY LOW

0.5617 EGP

YEARLY AVERAGE

0.6797 EGP

2023 MUR to EGP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MUR to EGP exchange rate experienced significant fluctuation. The market reached its absolute peak on December 28, valuing the pair at 0.7043. Conversely, the yearly low was recorded on January 2, dropping to 0.5617.

This high-to-low spread represents a total annual volatility of 0.1426 EGP. From a start-to-finish perspective, comparing the January average rate of 0.6484 to the December average rate of 0.7000, the exchange rate registered a net change of 7.95% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.7043 was up 24.21% compared to the 2022 peak of 0.5670, 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 3,521 EGP

2022 Average 2,172 EGP

Yearly Trough Low 2,808 EGP

Transaction Impact: A difference of 712.88 EGP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.7051

0.6433

JanuMarcMayJulySeptNove

MUR to EGP 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 0.6696, compared to 0.6899 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0203 points.

H1 Avg (Jan–Jun) 0.6696

H2 Avg (Jul–Dec) 0.6899

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.1212 EGP (High: 0.6829 / Low: 0.5617). On the other end, October was the most stable month, with a tight range of 0.0051 EGP (High: 0.6992 / Low: 0.6941).

January Spread (Volatile) ±0.1212

October Spread (Stable) ±0.0051

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 April and May, when the average rate fell by 0.0043 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -0.0043

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 0.7000) against the same month in 2022 (average: 0.5622), the exchange rate shifted by +0.1378 (+24.51%).

2023 Avg (December) 0.7000

2022 Avg (December) 0.5622

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.6829	0.5617	0.6484
February	0.6832	0.6560	0.6665
March	0.6759	0.6510	0.6632
April	0.6891	0.6759	0.6833
May	0.6906	0.6690	0.6789
June	0.6825	0.6701	0.6770
July	0.6828	0.6675	0.6776
August	0.6868	0.6708	0.6794
September	0.6944	0.6630	0.6869
October	0.6992	0.6941	0.6968
November	0.7018	0.6880	0.6985
December	0.7043	0.6897	0.7000