2023 MUR to JOD Historical Review

YEARLY HIGH

0.0163 JOD

YEARLY LOW

0.0150 JOD

YEARLY AVERAGE

0.0157 JOD

2023 MUR to JOD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MUR to JOD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 14, valuing the pair at 0.0163. Conversely, the yearly low was recorded on March 14, dropping to 0.0150.

This high-to-low spread represents a total annual volatility of 0.0012 JOD. From a start-to-finish perspective, comparing the January average rate of 0.0161 to the December average rate of 0.0161, the exchange rate registered a net change of -0.05% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0163 was down 2.15% compared to the 2022 peak of 0.0166, 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 81 JOD

2022 Average 80 JOD

Yearly Trough Low 75 JOD

Transaction Impact: A difference of 6.19 JOD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0162

0.0152

JanuMarcMayJulySeptNove

MUR to JOD 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 0.0156, compared to 0.0158 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.0156

H2 Avg (Jul–Dec) 0.0158

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0008 JOD (High: 0.0160 / Low: 0.0152). On the other end, October was the most stable month, with a tight range of 0.0001 JOD (High: 0.0161 / Low: 0.0159).

February Spread (Volatile) ±0.0008

October Spread (Stable) ±0.0001

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 0.0006 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -0.0006

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.0161) against the same month in 2022 (average: 0.0162), the exchange rate shifted by -0.0002 (-0.99%).

2023 Avg (January) 0.0161

2022 Avg (January) 0.0162

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0163	0.0157	0.0161
February	0.0160	0.0152	0.0155
March	0.0156	0.0150	0.0153
April	0.0158	0.0156	0.0157
May	0.0158	0.0155	0.0156
June	0.0157	0.0154	0.0155
July	0.0157	0.0153	0.0156
August	0.0157	0.0154	0.0156
September	0.0160	0.0152	0.0158
October	0.0161	0.0159	0.0160
November	0.0161	0.0158	0.0160
December	0.0162	0.0159	0.0161