2023 MUR to PEN Historical Review

YEARLY HIGH

0.0880 PEN

YEARLY LOW

0.0778 PEN

YEARLY AVERAGE

0.0830 PEN

2023 MUR to PEN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MUR to PEN exchange rate experienced significant fluctuation. The market reached its absolute peak on January 20, valuing the pair at 0.0880. Conversely, the yearly low was recorded on July 31, dropping to 0.0778.

This high-to-low spread represents a total annual volatility of 0.0102 PEN. From a start-to-finish perspective, comparing the January average rate of 0.0866 to the December average rate of 0.0846, the exchange rate registered a net change of -2.32% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0880 was down 4.60% compared to the 2022 peak of 0.0922, 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 440 PEN

2022 Average 433 PEN

Yearly Trough Low 389 PEN

Transaction Impact: A difference of 50.77 PEN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0874

0.0782

JanuMarcMayJulySeptNove

MUR to PEN 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 0.0827, compared to 0.0832 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0006 points.

H1 Avg (Jan–Jun) 0.0827

H2 Avg (Jul–Dec) 0.0832

Volatility Range Comparison

Volatility

The most volatile month in 2023 was September, with a trading range of 0.0058 PEN (High: 0.0852 / Low: 0.0795). On the other end, April was the most stable month, with a tight range of 0.0021 PEN (High: 0.0840 / Low: 0.0819).

September Spread (Volatile) ±0.0058

April Spread (Stable) ±0.0021

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 0.0027 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0027

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.0866) against the same month in 2022 (average: 0.0892), the exchange rate shifted by -0.0025 (-2.84%).

2023 Avg (January) 0.0866

2022 Avg (January) 0.0892

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0880	0.0847	0.0866
February	0.0870	0.0820	0.0839
March	0.0828	0.0800	0.0813
April	0.0840	0.0819	0.0832
May	0.0826	0.0801	0.0811
June	0.0813	0.0786	0.0799
July	0.0801	0.0778	0.0790
August	0.0822	0.0798	0.0812
September	0.0852	0.0795	0.0828
October	0.0874	0.0852	0.0866
November	0.0872	0.0843	0.0853
December	0.0860	0.0827	0.0846