2023 MUR to QAR Historical Review

YEARLY HIGH

0.0836 QAR

YEARLY LOW

0.0772 QAR

YEARLY AVERAGE

0.0808 QAR

2023 MUR to QAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MUR to QAR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 16, valuing the pair at 0.0836. Conversely, the yearly low was recorded on March 16, dropping to 0.0772.

This high-to-low spread represents a total annual volatility of 0.0064 QAR. From a start-to-finish perspective, comparing the January average rate of 0.0826 to the December average rate of 0.0826, the exchange rate registered a net change of -0.03% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0836 was down 2.19% compared to the 2022 peak of 0.0855, 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 418 QAR

2022 Average 412 QAR

Yearly Trough Low 386 QAR

Transaction Impact: A difference of 32.03 QAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0830

0.0781

JanuMarcMayJulySeptNove

MUR to QAR 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 0.0803, compared to 0.0813 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0011 points.

H1 Avg (Jan–Jun) 0.0803

H2 Avg (Jul–Dec) 0.0813

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0042 QAR (High: 0.0825 / Low: 0.0783). On the other end, October was the most stable month, with a tight range of 0.0008 QAR (High: 0.0825 / Low: 0.0817).

February Spread (Volatile) ±0.0042

October Spread (Stable) ±0.0008

Growth Streaks & Declines

Trends

Between June and December, 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 0.0028 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -0.0028

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.0826) against the same month in 2022 (average: 0.0834), the exchange rate shifted by -0.0008 (-0.97%).

2023 Avg (January) 0.0826

2022 Avg (January) 0.0834

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0836	0.0806	0.0826
February	0.0825	0.0783	0.0798
March	0.0801	0.0772	0.0785
April	0.0814	0.0801	0.0808
May	0.0810	0.0796	0.0802
June	0.0805	0.0790	0.0798
July	0.0806	0.0786	0.0799
August	0.0810	0.0791	0.0801
September	0.0819	0.0783	0.0810
October	0.0825	0.0817	0.0822
November	0.0826	0.0810	0.0823
December	0.0832	0.0815	0.0826