2023 MUR to SEK Historical Review

YEARLY HIGH

0.2529 SEK

YEARLY LOW

0.2215 SEK

YEARLY AVERAGE

0.2354 SEK

2023 MUR to SEK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MUR to SEK exchange rate experienced significant fluctuation. The market reached its absolute peak on October 27, valuing the pair at 0.2529. Conversely, the yearly low was recorded on March 22, dropping to 0.2215.

This high-to-low spread represents a total annual volatility of 0.0314 SEK. From a start-to-finish perspective, comparing the January average rate of 0.2355 to the December average rate of 0.2320, the exchange rate registered a net change of -1.47% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.2529 was down 2.58% compared to the 2022 peak of 0.2596, 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 1,265 SEK

2022 Average 1,144 SEK

Yearly Trough Low 1,108 SEK

Transaction Impact: A difference of 156.87 SEK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.2510

0.2240

JanuMarcMayJulySeptNove

MUR to SEK 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 0.2310, compared to 0.2397 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0086 points.

H1 Avg (Jan–Jun) 0.2310

H2 Avg (Jul–Dec) 0.2397

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.0184 SEK (High: 0.2522 / Low: 0.2337). On the other end, April was the most stable month, with a tight range of 0.0054 SEK (High: 0.2318 / Low: 0.2264).

November Spread (Volatile) ±0.0184

April Spread (Stable) ±0.0054

Growth Streaks & Declines

Trends

Between March and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0094 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0094

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 0.2487) against the same month in 2022 (average: 0.2491), the exchange rate shifted by -0.0003 (-0.14%).

2023 Avg (October) 0.2487

2022 Avg (October) 0.2491

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2446	0.2278	0.2355
February	0.2341	0.2224	0.2287
March	0.2316	0.2215	0.2262
April	0.2318	0.2264	0.2292
May	0.2384	0.2242	0.2307
June	0.2391	0.2319	0.2358
July	0.2405	0.2248	0.2310
August	0.2419	0.2330	0.2382
September	0.2503	0.2360	0.2466
October	0.2529	0.2458	0.2487
November	0.2522	0.2337	0.2415
December	0.2379	0.2227	0.2320