2023 MUR to SAR Historical Review

YEARLY HIGH

0.0862 SAR

YEARLY LOW

0.0796 SAR

YEARLY AVERAGE

0.0832 SAR

2023 MUR to SAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MUR to SAR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 14, valuing the pair at 0.0862. Conversely, the yearly low was recorded on March 13, dropping to 0.0796.

This high-to-low spread represents a total annual volatility of 0.0066 SAR. From a start-to-finish perspective, comparing the January average rate of 0.0851 to the December average rate of 0.0850, the exchange rate registered a net change of -0.19% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0862 was down 2.05% compared to the 2022 peak of 0.0880, 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 431 SAR

2022 Average 424 SAR

Yearly Trough Low 398 SAR

Transaction Impact: A difference of 33.10 SAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0856

0.0804

JanuMarcMayJulySeptNove

MUR to SAR 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 0.0826, compared to 0.0838 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) 0.0826

H2 Avg (Jul–Dec) 0.0838

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0045 SAR (High: 0.0849 / Low: 0.0804). On the other end, October was the most stable month, with a tight range of 0.0007 SAR (High: 0.0849 / Low: 0.0842).

February Spread (Volatile) ±0.0045

October Spread (Stable) ±0.0007

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 0.0031 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -0.0031

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.0851) against the same month in 2022 (average: 0.0860), the exchange rate shifted by -0.0008 (-0.96%).

2023 Avg (January) 0.0851

2022 Avg (January) 0.0860

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0862	0.0831	0.0851
February	0.0849	0.0804	0.0821
March	0.0826	0.0796	0.0808
April	0.0836	0.0824	0.0831
May	0.0835	0.0821	0.0826
June	0.0828	0.0813	0.0822
July	0.0830	0.0810	0.0823
August	0.0832	0.0814	0.0825
September	0.0843	0.0805	0.0834
October	0.0849	0.0842	0.0846
November	0.0851	0.0834	0.0848
December	0.0854	0.0840	0.0850