YEARLY HIGH
13.0510 SOS
YEARLY LOW
12.0176 SOS
YEARLY AVERAGE
12.6266 SOS

2023 MUR to SOS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MUR to SOS exchange rate experienced significant fluctuation. The market reached its absolute peak on December 16, valuing the pair at 13.0510. Conversely, the yearly low was recorded on March 10, dropping to 12.0176.

This high-to-low spread represents a total annual volatility of 1.0334 SOS. From a start-to-finish perspective, comparing the January average rate of 12.8889 to the December average rate of 12.9517, the exchange rate registered a net change of 0.49% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 13.0510 was down 4.15% compared to the 2022 peak of 13.6154, 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 65,255 SOS
2022 Average 65,057 SOS
Yearly Trough Low 60,088 SOS
Transaction Impact: A difference of 5,167.01 SOS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

13.0241
12.1551
JanuMarcMayJulySeptNove

MUR to SOS 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 12.5196, compared to 12.7336 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2140 points.

H1 Avg (Jan–Jun) 12.5196
H2 Avg (Jul–Dec) 12.7336

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.6650 SOS (High: 12.8609 / Low: 12.1959). On the other end, October was the most stable month, with a tight range of 0.1135 SOS (High: 12.9260 / Low: 12.8125).

February Spread (Volatile) ±0.6650
October Spread (Stable) ±0.1135

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 0.4500 points.

Longest Streak 6 Mo.
Sharpest MoM Drop -0.4500

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 12.9517) against the same month in 2022 (average: 12.9702), the exchange rate shifted by -0.0185 (-0.14%).

2023 Avg (December) 12.9517
2022 Avg (December) 12.9702

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 13.0333 12.5959 12.8889
February 12.8609 12.1959 12.4389
March 12.5083 12.0176 12.2275
April 12.6840 12.4495 12.5845
May 12.6377 12.4072 12.5169
June 12.5542 12.3256 12.4609
July 12.5907 12.2965 12.4810
August 12.6475 12.3471 12.5129
September 12.8645 12.2255 12.6746
October 12.9260 12.8125 12.8794
November 12.9594 12.7142 12.9019
December 13.0510 12.7941 12.9517