2023 MUR to SRD Historical Review

YEARLY HIGH

0.8671 SRD

YEARLY LOW

0.7056 SRD

YEARLY AVERAGE

0.8116 SRD

2023 MUR to SRD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MUR to SRD exchange rate experienced significant fluctuation. The market reached its absolute peak on October 31, valuing the pair at 0.8671. Conversely, the yearly low was recorded on February 13, dropping to 0.7056.

This high-to-low spread represents a total annual volatility of 0.1615 SRD. From a start-to-finish perspective, comparing the January average rate of 0.7210 to the December average rate of 0.8464, the exchange rate registered a net change of 17.39% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.8671 was up 18.40% compared to the 2022 peak of 0.7323, 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 4,335 SRD

2022 Average 2,738 SRD

Yearly Trough Low 3,528 SRD

Transaction Impact: A difference of 807.50 SRD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.8750

0.7032

JanuMarcMayJulySeptNove

MUR to SRD 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 0.7744, compared to 0.8488 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0744 points.

H1 Avg (Jan–Jun) 0.7744

H2 Avg (Jul–Dec) 0.8488

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0738 SRD (High: 0.7942 / Low: 0.7204). On the other end, October was the most stable month, with a tight range of 0.0131 SRD (High: 0.8671 / Low: 0.8539).

March Spread (Volatile) ±0.0738

October Spread (Stable) ±0.0131

Growth Streaks & Declines

Trends

Between February and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0126 points.

Longest Streak 8 Mo.

Sharpest MoM Drop -0.0126

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 0.8607) against the same month in 2022 (average: 0.6350), the exchange rate shifted by +0.2257 (+35.54%).

2023 Avg (October) 0.8607

2022 Avg (October) 0.6350

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.7386	0.7089	0.7210
February	0.7344	0.7056	0.7175
March	0.7942	0.7204	0.7447
April	0.8317	0.7858	0.8147
May	0.8370	0.8135	0.8221
June	0.8371	0.8152	0.8261
July	0.8480	0.8132	0.8337
August	0.8531	0.8290	0.8414
September	0.8617	0.8279	0.8514
October	0.8671	0.8539	0.8607
November	0.8647	0.8409	0.8590
December	0.8590	0.8263	0.8464