2023 MUR to TOP Historical Review

YEARLY HIGH

0.0544 TOP

YEARLY LOW

0.0500 TOP

YEARLY AVERAGE

0.0524 TOP

2023 MUR to TOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MUR to TOP exchange rate experienced significant fluctuation. The market reached its absolute peak on November 1, valuing the pair at 0.0544. Conversely, the yearly low was recorded on March 14, dropping to 0.0500.

This high-to-low spread represents a total annual volatility of 0.0044 TOP. From a start-to-finish perspective, comparing the January average rate of 0.0528 to the December average rate of 0.0532, the exchange rate registered a net change of 0.82% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0544 was down 2.85% compared to the 2022 peak of 0.0560, 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 272 TOP

2022 Average 263 TOP

Yearly Trough Low 250 TOP

Transaction Impact: A difference of 21.99 TOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0544

0.0504

JanuMarcMayJulySeptNove

MUR to TOP 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 0.0517, compared to 0.0530 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0013 points.

H1 Avg (Jan–Jun) 0.0517

H2 Avg (Jul–Dec) 0.0530

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0027 TOP (High: 0.0539 / Low: 0.0512). On the other end, October was the most stable month, with a tight range of 0.0006 TOP (High: 0.0543 / Low: 0.0537).

January Spread (Volatile) ±0.0027

October Spread (Stable) ±0.0006

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 January and February, when the average rate fell by 0.0017 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0017

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2023: 0.0539) against the same month in 2022 (average: 0.0542), the exchange rate shifted by -0.0003 (-0.59%).

2023 Avg (November) 0.0539

2022 Avg (November) 0.0542

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0539	0.0512	0.0528
February	0.0524	0.0502	0.0511
March	0.0517	0.0500	0.0508
April	0.0528	0.0516	0.0521
May	0.0526	0.0515	0.0519
June	0.0523	0.0511	0.0517
July	0.0521	0.0509	0.0515
August	0.0527	0.0516	0.0523
September	0.0538	0.0511	0.0532
October	0.0543	0.0537	0.0541
November	0.0544	0.0529	0.0539
December	0.0536	0.0522	0.0532