YEARLY HIGH
0.9127 UYU
YEARLY LOW
0.8067 UYU
YEARLY AVERAGE
0.8611 UYU

2023 MUR to UYU Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MUR to UYU exchange rate experienced significant fluctuation. The market reached its absolute peak on January 9, valuing the pair at 0.9127. Conversely, the yearly low was recorded on September 4, dropping to 0.8067.

This high-to-low spread represents a total annual volatility of 0.1061 UYU. From a start-to-finish perspective, comparing the January average rate of 0.8948 to the December average rate of 0.8897, the exchange rate registered a net change of -0.58% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.9127 was down 12.09% compared to the 2022 peak of 1.0382, 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 4,564 UYU
2022 Average 4,657 UYU
Yearly Trough Low 4,033 UYU
Transaction Impact: A difference of 530.27 UYU purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.9037
0.8237
JanuMarcMayJulySeptNove

MUR to UYU 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 0.8575, compared to 0.8648 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0073 points.

H1 Avg (Jan–Jun) 0.8575
H2 Avg (Jul–Dec) 0.8648

Volatility Range Comparison

Volatility

The most volatile month in 2023 was September, with a trading range of 0.0552 UYU (High: 0.8618 / Low: 0.8067). On the other end, May was the most stable month, with a tight range of 0.0150 UYU (High: 0.8631 / Low: 0.8481).

September Spread (Volatile) ±0.0552
May Spread (Stable) ±0.0150

Growth Streaks & Declines

Trends

Between July and November, 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 0.0401 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0401

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.8948) against the same month in 2022 (average: 1.0197), the exchange rate shifted by -0.1248 (-12.24%).

2023 Avg (January) 0.8948
2022 Avg (January) 1.0197

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.9127 0.8625 0.8948
February 0.8755 0.8384 0.8547
March 0.8538 0.8283 0.8416
April 0.8667 0.8498 0.8589
May 0.8631 0.8481 0.8559
June 0.8594 0.8148 0.8389
July 0.8428 0.8140 0.8304
August 0.8489 0.8187 0.8323
September 0.8618 0.8067 0.8456
October 0.9035 0.8661 0.8938
November 0.9053 0.8852 0.8970
December 0.9104 0.8783 0.8897