2023 MUR to SDG Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 MUR to SDG Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the MUR to SDG exchange rate experienced significant fluctuation. The market reached its absolute peak on December 28, valuing the pair at 13.6889. Conversely, the yearly low was recorded on March 23, dropping to 12.2170.
This high-to-low spread represents a total annual volatility of 1.4719 SDG. From a start-to-finish perspective, comparing the January average rate of 13.0732 to the December average rate of 13.6145, the exchange rate registered a net change of 4.14% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2023 high of 13.6889 was up 3.97% compared to the 2022 peak of 13.1659, 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 SDG 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 13.0342, compared to 13.4141 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.3799 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was November, with a trading range of 1.2458 SDG (High: 13.6268 / Low: 12.3810). On the other end, October was the most stable month, with a tight range of 0.1188 SDG (High: 13.6086 / Low: 13.4898).
Growth Streaks & Declines
TrendsBetween June and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.2644 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2023: 13.6145) against the same month in 2022 (average: 13.0111), the exchange rate shifted by +0.6034 (+4.64%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 13.3291 | 12.8657 | 13.0732 |
| February | 13.2014 | 12.5936 | 12.8088 |
| March | 13.1023 | 12.2170 | 12.6946 |
| April | 13.3668 | 12.7506 | 13.2447 |
| May | 13.3340 | 13.1400 | 13.2107 |
| June | 13.2609 | 13.0369 | 13.1734 |
| July | 13.2899 | 12.9923 | 13.1903 |
| August | 13.3400 | 13.0591 | 13.2194 |
| September | 13.5256 | 12.9022 | 13.3670 |
| October | 13.6086 | 13.4898 | 13.5569 |
| November | 13.6268 | 12.3810 | 13.5365 |
| December | 13.6889 | 13.4602 | 13.6145 |