2023 MUR to NAD Historical Review

YEARLY HIGH

0.4555 NAD

YEARLY LOW

0.3760 NAD

YEARLY AVERAGE

0.4103 NAD

2023 MUR to NAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MUR to NAD exchange rate experienced significant fluctuation. The market reached its absolute peak on October 26, valuing the pair at 0.4555. Conversely, the yearly low was recorded on February 6, dropping to 0.3760.

This high-to-low spread represents a total annual volatility of 0.0795 NAD. From a start-to-finish perspective, comparing the January average rate of 0.3871 to the December average rate of 0.4233, the exchange rate registered a net change of 9.35% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.4555 was up 9.03% compared to the 2022 peak of 0.4178, 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 2,277 NAD

2022 Average 1,843 NAD

Yearly Trough Low 1,880 NAD

Transaction Impact: A difference of 397.66 NAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.4392

0.3823

JanuMarcMayJulySeptNove

MUR to NAD 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 0.4008, compared to 0.4197 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0189 points.

H1 Avg (Jan–Jun) 0.4008

H2 Avg (Jul–Dec) 0.4197

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.0461 NAD (High: 0.4528 / Low: 0.4067). On the other end, March was the most stable month, with a tight range of 0.0155 NAD (High: 0.4012 / Low: 0.3857).

November Spread (Volatile) ±0.0461

March Spread (Stable) ±0.0155

Growth Streaks & Declines

Trends

Between January and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0104 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0104

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 0.4345) against the same month in 2022 (average: 0.4050), the exchange rate shifted by +0.0294 (+7.27%).

2023 Avg (October) 0.4345

2022 Avg (October) 0.4050

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.3937	0.3774	0.3871
February	0.4011	0.3760	0.3910
March	0.4012	0.3857	0.3935
April	0.4087	0.3897	0.4027
May	0.4327	0.4018	0.4202
June	0.4304	0.3994	0.4105
July	0.4165	0.3833	0.4005
August	0.4377	0.4038	0.4143
September	0.4313	0.4102	0.4218
October	0.4555	0.4228	0.4345
November	0.4528	0.4067	0.4240
December	0.4340	0.4099	0.4233