YEARLY HIGH
0.1799 GTQ
YEARLY LOW
0.1651 GTQ
YEARLY AVERAGE
0.1736 GTQ

2023 MUR to GTQ Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MUR to GTQ exchange rate experienced significant fluctuation. The market reached its absolute peak on January 13, valuing the pair at 0.1799. Conversely, the yearly low was recorded on March 10, dropping to 0.1651.

This high-to-low spread represents a total annual volatility of 0.0148 GTQ. From a start-to-finish perspective, comparing the January average rate of 0.1779 to the December average rate of 0.1774, the exchange rate registered a net change of -0.25% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1799 was down 0.82% compared to the 2022 peak of 0.1814, 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 900 GTQ
2022 Average 876 GTQ
Yearly Trough Low 825 GTQ
Transaction Impact: A difference of 74.23 GTQ purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1789
0.1667
JanuMarcMayJulySeptNove

MUR to GTQ 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 0.1722, compared to 0.1751 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0030 points.

H1 Avg (Jan–Jun) 0.1722
H2 Avg (Jul–Dec) 0.1751

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0099 GTQ (High: 0.1776 / Low: 0.1677). On the other end, October was the most stable month, with a tight range of 0.0015 GTQ (High: 0.1775 / Low: 0.1761).

February Spread (Volatile) ±0.0099
October Spread (Stable) ±0.0015

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 0.0065 points.

Longest Streak 6 Mo.
Sharpest MoM Drop -0.0065

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.1779) against the same month in 2022 (average: 0.1765), the exchange rate shifted by +0.0014 (+0.79%).

2023 Avg (January) 0.1779
2022 Avg (January) 0.1765

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1799 0.1739 0.1779
February 0.1776 0.1677 0.1713
March 0.1712 0.1651 0.1677
April 0.1740 0.1710 0.1726
May 0.1734 0.1703 0.1718
June 0.1728 0.1696 0.1717
July 0.1735 0.1698 0.1720
August 0.1747 0.1702 0.1727
September 0.1769 0.1690 0.1749
October 0.1775 0.1761 0.1769
November 0.1778 0.1743 0.1769
December 0.1791 0.1753 0.1774