YEARLY HIGH
0.1927 SBD
YEARLY LOW
0.1739 SBD
YEARLY AVERAGE
0.1851 SBD

2023 MUR to SBD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MUR to SBD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 14, valuing the pair at 0.1927. Conversely, the yearly low was recorded on March 13, dropping to 0.1739.

This high-to-low spread represents a total annual volatility of 0.0187 SBD. From a start-to-finish perspective, comparing the January average rate of 0.1873 to the December average rate of 0.1916, the exchange rate registered a net change of 2.28% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1927 was up 1.26% compared to the 2022 peak of 0.1903, 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 963 SBD
2022 Average 920 SBD
Yearly Trough Low 870 SBD
Transaction Impact: A difference of 93.73 SBD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1930
0.1757
JanuMarcMayJulySeptNove

MUR to SBD 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 0.1824, compared to 0.1878 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0055 points.

H1 Avg (Jan–Jun) 0.1824
H2 Avg (Jul–Dec) 0.1878

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0093 SBD (High: 0.1865 / Low: 0.1772). On the other end, May was the most stable month, with a tight range of 0.0026 SBD (High: 0.1850 / Low: 0.1824).

February Spread (Volatile) ±0.0093
May Spread (Stable) ±0.0026

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 0.0072 points.

Longest Streak 6 Mo.
Sharpest MoM Drop -0.0072

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 0.1916) against the same month in 2022 (average: 0.1875), the exchange rate shifted by +0.0041 (+2.16%).

2023 Avg (December) 0.1916
2022 Avg (December) 0.1875

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1906 0.1820 0.1873
February 0.1865 0.1772 0.1801
March 0.1811 0.1739 0.1772
April 0.1858 0.1809 0.1837
May 0.1850 0.1824 0.1833
June 0.1843 0.1807 0.1826
July 0.1858 0.1803 0.1836
August 0.1856 0.1817 0.1840
September 0.1885 0.1795 0.1867
October 0.1917 0.1885 0.1903
November 0.1924 0.1873 0.1908
December 0.1927 0.1890 0.1916