2023 MUR to TJS Historical Review

YEARLY HIGH

0.2498 TJS

YEARLY LOW

0.2128 TJS

YEARLY AVERAGE

0.2396 TJS

2023 MUR to TJS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MUR to TJS exchange rate experienced significant fluctuation. The market reached its absolute peak on December 28, valuing the pair at 0.2498. Conversely, the yearly low was recorded on March 10, dropping to 0.2128.

This high-to-low spread represents a total annual volatility of 0.0370 TJS. From a start-to-finish perspective, comparing the January average rate of 0.2319 to the December average rate of 0.2478, the exchange rate registered a net change of 6.86% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.2498 was down 15.03% compared to the 2022 peak of 0.2939, 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 1,249 TJS

2022 Average 1,241 TJS

Yearly Trough Low 1,064 TJS

Transaction Impact: A difference of 184.92 TJS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.2499

0.2252

JanuMarcMayJulySeptNove

MUR to TJS 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 0.2346, compared to 0.2446 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0100 points.

H1 Avg (Jan–Jun) 0.2346

H2 Avg (Jul–Dec) 0.2446

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0274 TJS (High: 0.2402 / Low: 0.2128). On the other end, October was the most stable month, with a tight range of 0.0029 TJS (High: 0.2485 / Low: 0.2455).

March Spread (Volatile) ±0.0274

October Spread (Stable) ±0.0029

Growth Streaks & Declines

Trends

Between June and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0046 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0046

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 0.2478) against the same month in 2022 (average: 0.2313), the exchange rate shifted by +0.0165 (+7.16%).

2023 Avg (December) 0.2478

2022 Avg (December) 0.2313

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2346	0.2276	0.2319
February	0.2350	0.2160	0.2273
March	0.2402	0.2128	0.2273
April	0.2437	0.2393	0.2416
May	0.2426	0.2385	0.2404
June	0.2411	0.2362	0.2393
July	0.2422	0.2368	0.2398
August	0.2435	0.2382	0.2413
September	0.2473	0.2358	0.2441
October	0.2485	0.2455	0.2474
November	0.2489	0.2433	0.2472
December	0.2498	0.2444	0.2478