2023 MUR to THB Historical Review

YEARLY HIGH

0.8359 THB

YEARLY LOW

0.7257 THB

YEARLY AVERAGE

0.7711 THB

2023 MUR to THB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MUR to THB exchange rate experienced significant fluctuation. The market reached its absolute peak on October 6, valuing the pair at 0.8359. Conversely, the yearly low was recorded on January 28, dropping to 0.7257.

This high-to-low spread represents a total annual volatility of 0.1102 THB. From a start-to-finish perspective, comparing the January average rate of 0.7527 to the December average rate of 0.7907, the exchange rate registered a net change of 5.05% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.8359 was down 3.93% compared to the 2022 peak of 0.8701, 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 4,180 THB

2022 Average 3,959 THB

Yearly Trough Low 3,628 THB

Transaction Impact: A difference of 551.16 THB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.8314

0.7326

JanuMarcMayJulySeptNove

MUR to THB 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 0.7520, compared to 0.7902 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0382 points.

H1 Avg (Jan–Jun) 0.7520

H2 Avg (Jul–Dec) 0.7902

Volatility Range Comparison

Volatility

The most volatile month in 2023 was September, with a trading range of 0.0677 THB (High: 0.8243 / Low: 0.7566). On the other end, April was the most stable month, with a tight range of 0.0190 THB (High: 0.7656 / Low: 0.7466).

September Spread (Volatile) ±0.0677

April Spread (Stable) ±0.0190

Growth Streaks & Declines

Trends

Between July and October, 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 October and November, when the average rate fell by 0.0220 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0220

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 0.8232) against the same month in 2022 (average: 0.8485), the exchange rate shifted by -0.0253 (-2.98%).

2023 Avg (October) 0.8232

2022 Avg (October) 0.8485

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.7883	0.7257	0.7527
February	0.7609	0.7330	0.7451
March	0.7575	0.7277	0.7408
April	0.7656	0.7466	0.7571
May	0.7635	0.7389	0.7524
June	0.7824	0.7512	0.7639
July	0.7764	0.7400	0.7598
August	0.7811	0.7586	0.7703
September	0.8243	0.7566	0.7961
October	0.8359	0.8073	0.8232
November	0.8160	0.7834	0.8012
December	0.8095	0.7677	0.7907