YEARLY HIGH
343.6042 LBP
YEARLY LOW
33.2299 LBP
YEARLY AVERAGE
304.0432 LBP

2023 MUR to LBP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MUR to LBP exchange rate experienced significant fluctuation. The market reached its absolute peak on December 28, valuing the pair at 343.6042. Conversely, the yearly low was recorded on February 3, dropping to 33.2299.

This high-to-low spread represents a total annual volatility of 310.3744 LBP. From a start-to-finish perspective, comparing the January average rate of 34.3558 to the December average rate of 340.9374, the exchange rate registered a net change of 892.37% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 343.6042 was up 845.40% compared to the 2022 peak of 36.3450, 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 1,718,021 LBP
2022 Average 171,348 LBP
Yearly Trough Low 166,149 LBP
Transaction Impact: A difference of 1,551,871.85 LBP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

371.5955
3.6976
JanuMarcMayJulySeptNove

MUR to LBP 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 272.1804, compared to 335.9059 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 63.7255 points.

H1 Avg (Jan–Jun) 272.1804
H2 Avg (Jul–Dec) 335.9059

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 306.4266 LBP (High: 339.6565 / Low: 33.2299). On the other end, January was the most stable month, with a tight range of 1.3300 LBP (High: 34.8286 / Low: 33.4986).

February Spread (Volatile) ±306.4266
January Spread (Stable) ±1.3300

Growth Streaks & Declines

Trends

Between July and December, 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 April and May, when the average rate fell by 2.3113 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -2.3113

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 340.9374) against the same month in 2022 (average: 34.6211), the exchange rate shifted by +306.3162 (+884.77%).

2023 Avg (December) 340.9374
2022 Avg (December) 34.6211

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 34.8286 33.4986 34.3558
February 339.6565 33.2299 276.3392
March 330.8434 317.3030 324.5279
April 337.5167 330.8005 334.4095
May 337.0166 327.5577 332.0982
June 336.7669 325.8868 331.3518
July 335.5214 326.3825 330.6097
August 337.1438 325.7678 331.0521
September 338.9634 322.6083 334.6568
October 340.0018 337.3636 338.8598
November 341.0554 334.5097 339.3198
December 343.6042 336.6863 340.9374