2023 MUR to TWD Historical Review

YEARLY HIGH

0.7327 TWD

YEARLY LOW

0.6448 TWD

YEARLY AVERAGE

0.6908 TWD

2023 MUR to TWD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MUR to TWD exchange rate experienced significant fluctuation. The market reached its absolute peak on October 31, valuing the pair at 0.7327. Conversely, the yearly low was recorded on March 14, dropping to 0.6448.

This high-to-low spread represents a total annual volatility of 0.0879 TWD. From a start-to-finish perspective, comparing the January average rate of 0.6888 to the December average rate of 0.7071, the exchange rate registered a net change of 2.65% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.7327 was down 0.19% compared to the 2022 peak of 0.7341, 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 3,664 TWD

2022 Average 3,366 TWD

Yearly Trough Low 3,224 TWD

Transaction Impact: A difference of 439.73 TWD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.7354

0.6506

JanuMarcMayJulySeptNove

MUR to TWD 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 0.6728, compared to 0.7087 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0360 points.

H1 Avg (Jan–Jun) 0.6728

H2 Avg (Jul–Dec) 0.7087

Volatility Range Comparison

Volatility

The most volatile month in 2023 was September, with a trading range of 0.0414 TWD (High: 0.7251 / Low: 0.6837). On the other end, October was the most stable month, with a tight range of 0.0079 TWD (High: 0.7327 / Low: 0.7248).

September Spread (Volatile) ±0.0414

October Spread (Stable) ±0.0079

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 0.0267 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0267

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 0.7283) against the same month in 2022 (average: 0.7148), the exchange rate shifted by +0.0135 (+1.89%).

2023 Avg (October) 0.7283

2022 Avg (October) 0.7148

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.7031	0.6687	0.6888
February	0.6724	0.6543	0.6622
March	0.6719	0.6448	0.6577
April	0.6845	0.6696	0.6770
May	0.6850	0.6704	0.6759
June	0.6849	0.6646	0.6752
July	0.6910	0.6782	0.6844
August	0.7060	0.6910	0.6995
September	0.7251	0.6837	0.7120
October	0.7327	0.7248	0.7283
November	0.7320	0.7086	0.7212
December	0.7143	0.6912	0.7071