YEARLY HIGH
0.1110 LYD
YEARLY LOW
0.1020 LYD
YEARLY AVERAGE
0.1067 LYD

2023 MUR to LYD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MUR to LYD exchange rate experienced significant fluctuation. The market reached its absolute peak on October 6, valuing the pair at 0.1110. Conversely, the yearly low was recorded on March 16, dropping to 0.1020.

This high-to-low spread represents a total annual volatility of 0.0090 LYD. From a start-to-finish perspective, comparing the January average rate of 0.1084 to the December average rate of 0.1089, the exchange rate registered a net change of 0.50% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1110 was down 3.58% compared to the 2022 peak of 0.1151, 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 555 LYD
2022 Average 543 LYD
Yearly Trough Low 510 LYD
Transaction Impact: A difference of 44.96 LYD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1110
0.1028
JanuMarcMayJulySeptNove

MUR to LYD 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 0.1055, compared to 0.1078 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0024 points.

H1 Avg (Jan–Jun) 0.1055
H2 Avg (Jul–Dec) 0.1078

Volatility Range Comparison

Volatility

The most volatile month in 2023 was September, with a trading range of 0.0065 LYD (High: 0.1099 / Low: 0.1034). On the other end, October was the most stable month, with a tight range of 0.0011 LYD (High: 0.1110 / Low: 0.1098).

September Spread (Volatile) ±0.0065
October Spread (Stable) ±0.0011

Growth Streaks & Declines

Trends

Between July and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0035 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0035

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 0.1103) against the same month in 2022 (average: 0.1123), the exchange rate shifted by -0.0019 (-1.70%).

2023 Avg (October) 0.1103
2022 Avg (October) 0.1123

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1103 0.1053 0.1084
February 0.1077 0.1032 0.1049
March 0.1052 0.1020 0.1034
April 0.1062 0.1047 0.1055
May 0.1061 0.1044 0.1053
June 0.1066 0.1037 0.1055
July 0.1061 0.1029 0.1047
August 0.1066 0.1046 0.1057
September 0.1099 0.1034 0.1079
October 0.1110 0.1098 0.1103
November 0.1106 0.1076 0.1096
December 0.1097 0.1071 0.1089