YEARLY HIGH
0.1018 PLN
YEARLY LOW
0.0865 PLN
YEARLY AVERAGE
0.0931 PLN

2023 MUR to PLN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MUR to PLN exchange rate experienced significant fluctuation. The market reached its absolute peak on January 5, valuing the pair at 0.1018. Conversely, the yearly low was recorded on July 31, dropping to 0.0865.

This high-to-low spread represents a total annual volatility of 0.0153 PLN. From a start-to-finish perspective, comparing the January average rate of 0.0982 to the December average rate of 0.0898, the exchange rate registered a net change of -8.55% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1018 was down 10.83% compared to the 2022 peak of 0.1142, 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 509 PLN
2022 Average 504 PLN
Yearly Trough Low 433 PLN
Transaction Impact: A difference of 76.58 PLN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0993
0.0872
JanuMarcMayJulySeptNove

MUR to PLN 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 0.0942, compared to 0.0920 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0022 points.

H1 Avg (Jan–Jun) 0.0942
H2 Avg (Jul–Dec) 0.0920

Volatility Range Comparison

Volatility

The most volatile month in 2023 was September, with a trading range of 0.0102 PLN (High: 0.0991 / Low: 0.0889). On the other end, August was the most stable month, with a tight range of 0.0023 PLN (High: 0.0911 / Low: 0.0888).

September Spread (Volatile) ±0.0102
August Spread (Stable) ±0.0023

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 October and November, when the average rate fell by 0.0043 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0043

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.0982) against the same month in 2022 (average: 0.0921), the exchange rate shifted by +0.0061 (+6.63%).

2023 Avg (January) 0.0982
2022 Avg (January) 0.0921

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1018 0.0943 0.0982
February 0.0984 0.0956 0.0970
March 0.0960 0.0926 0.0943
April 0.0951 0.0920 0.0937
May 0.0934 0.0907 0.0920
June 0.0923 0.0879 0.0901
July 0.0903 0.0865 0.0882
August 0.0911 0.0888 0.0898
September 0.0991 0.0889 0.0958
October 0.0993 0.0942 0.0963
November 0.0954 0.0890 0.0920
December 0.0913 0.0871 0.0898