2023 MUR to IDR Historical Review

YEARLY HIGH

359.7980 IDR

YEARLY LOW

322.6706 IDR

YEARLY AVERAGE

338.0599 IDR

2023 MUR to IDR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MUR to IDR exchange rate experienced significant fluctuation. The market reached its absolute peak on October 31, valuing the pair at 359.7980. Conversely, the yearly low was recorded on June 13, dropping to 322.6706.

This high-to-low spread represents a total annual volatility of 37.1274 IDR. From a start-to-finish perspective, comparing the January average rate of 345.4993 to the December average rate of 350.7381, the exchange rate registered a net change of 1.52% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 359.7980 was down 0.56% compared to the 2022 peak of 361.8166, 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 1,798,990 IDR

2022 Average 1,678,654 IDR

Yearly Trough Low 1,613,353 IDR

Transaction Impact: A difference of 185,636.93 IDR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

358.4238

323.9523

JanuMarcMayJulySeptNove

MUR to IDR 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 331.7110, compared to 344.4088 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 12.6979 points.

H1 Avg (Jan–Jun) 331.7110

H2 Avg (Jul–Dec) 344.4088

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 26.0525 IDR (High: 357.6108 / Low: 331.5582). On the other end, May was the most stable month, with a tight range of 6.1641 IDR (High: 329.5586 / Low: 323.3945).

January Spread (Volatile) ±26.0525

May Spread (Stable) ±6.1641

Growth Streaks & Declines

Trends

Between May and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 13.7892 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -13.7892

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 355.5512) against the same month in 2022 (average: 345.3387), the exchange rate shifted by +10.2125 (+2.96%).

2023 Avg (October) 355.5512

2022 Avg (October) 345.3387

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	357.6108	331.5582	345.4993
February	337.0181	326.6725	331.7101
March	334.2268	323.9518	329.2886
April	332.9756	326.3659	329.4413
May	329.5586	323.3945	326.8249
June	331.2586	322.6706	327.5015
July	334.4064	326.2039	330.4694
August	339.0191	332.1320	335.6002
September	350.0934	326.7785	341.8263
October	359.7980	347.5484	355.5512
November	359.4812	344.4716	352.2677
December	355.0853	344.0090	350.7381