2023 MUR to SLL Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
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.
Comparing the value generated converting 5,000 MUR based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2023.
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)
SeasonalThe 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.
Volatility Range Comparison
VolatilityThe 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).
Growth Streaks & Declines
TrendsBetween 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.
Same-Month Historical Baseline
YoY BaselineComparing 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%).
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 |