YEARLY HIGH
477.6194 SLL
YEARLY LOW
374.6554 SLL
YEARLY AVERAGE
423.3926 SLL

2023 MUR to SLL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MUR to SLL exchange rate experienced significant fluctuation. The market reached its absolute peak on December 28, valuing the pair at 477.6194. Conversely, the yearly low was recorded on March 16, dropping to 374.6554.

This high-to-low spread represents a total annual volatility of 102.9641 SLL. From a start-to-finish perspective, comparing the January average rate of 400.3569 to the December average rate of 475.0242, the exchange rate registered a net change of 18.65% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 477.6194 was up 17.95% compared to the 2022 peak of 404.9268, 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 2,388,097 SLL
2022 Average 1,551,506 SLL
Yearly Trough Low 1,873,277 SLL
Transaction Impact: A difference of 514,820.33 SLL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

484.4984
370.8086
JanuMarcMayJulySeptNove

MUR to SLL 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 389.0524, compared to 457.7328 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 68.6804 points.

H1 Avg (Jan–Jun) 389.0524
H2 Avg (Jul–Dec) 457.7328

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 74.2446 SLL (High: 457.8493 / Low: 383.6048). On the other end, October was the most stable month, with a tight range of 3.7565 SLL (High: 474.4305 / Low: 470.6740).

July Spread (Volatile) ±74.2446
October Spread (Stable) ±3.7565

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 13.9547 points.

Longest Streak 6 Mo.
Sharpest MoM Drop -13.9547

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 475.0242) against the same month in 2022 (average: 402.7513), the exchange rate shifted by +72.2729 (+17.94%).

2023 Avg (December) 475.0242
2022 Avg (December) 402.7513

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 405.5984 391.1744 400.3569
February 399.6606 378.6652 386.4022
March 388.6689 374.6554 380.2828
April 393.8685 388.2418 391.3264
May 393.0025 386.5262 388.8845
June 390.0976 383.1056 387.0617
July 457.8493 383.6048 396.9362
August 465.0588 455.2649 460.9769
September 471.5306 449.7962 466.1803
October 474.4305 470.6740 473.0784
November 475.5058 466.5072 474.2005
December 477.6194 469.6417 475.0242