2023 MUR to PYG Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 MUR to PYG Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the MUR to PYG exchange rate experienced significant fluctuation. The market reached its absolute peak on January 13, valuing the pair at 169.5067. Conversely, the yearly low was recorded on March 10, dropping to 152.1754.
This high-to-low spread represents a total annual volatility of 17.3313 PYG. From a start-to-finish perspective, comparing the January average rate of 167.1724 to the December average rate of 166.6920, the exchange rate registered a net change of -0.29% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2023 high of 169.5067 was up 1.05% compared to the 2022 peak of 167.7495, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 MUR based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2023.
MUR to PYG Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 159.6012, compared to 163.6899 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 4.0888 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was February, with a trading range of 8.9853 PYG (High: 166.1800 / Low: 157.1947). On the other end, June was the most stable month, with a tight range of 2.9095 PYG (High: 159.8870 / Low: 156.9776).
Growth Streaks & Declines
TrendsBetween May and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 7.4564 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2023: 167.1724) against the same month in 2022 (average: 159.5246), the exchange rate shifted by +7.6478 (+4.79%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 169.5067 | 163.3678 | 167.1724 |
| February | 166.1800 | 157.1947 | 159.7160 |
| March | 157.5819 | 152.1754 | 154.7405 |
| April | 162.0711 | 156.8023 | 158.5847 |
| May | 160.8430 | 157.2704 | 158.5335 |
| June | 159.8870 | 156.9776 | 158.8597 |
| July | 160.8690 | 157.1923 | 159.3747 |
| August | 161.3606 | 157.4419 | 159.8666 |
| September | 164.2901 | 156.0838 | 161.7378 |
| October | 168.8700 | 163.6260 | 166.2947 |
| November | 169.4374 | 165.7251 | 168.1737 |
| December | 168.3756 | 163.5594 | 166.6920 |