YEARLY HIGH
0.0638 WST
YEARLY LOW
0.0572 WST
YEARLY AVERAGE
0.0606 WST

2023 MUR to WST Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MUR to WST exchange rate experienced significant fluctuation. The market reached its absolute peak on December 28, valuing the pair at 0.0638. Conversely, the yearly low was recorded on March 16, dropping to 0.0572.

This high-to-low spread represents a total annual volatility of 0.0066 WST. From a start-to-finish perspective, comparing the January average rate of 0.0611 to the December average rate of 0.0634, the exchange rate registered a net change of 3.75% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0638 was down 1.59% compared to the 2022 peak of 0.0648, 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 319 WST
2022 Average 302 WST
Yearly Trough Low 286 WST
Transaction Impact: A difference of 32.82 WST purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0640
0.0576
JanuMarcMayJulySeptNove

MUR to WST 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 0.0597, compared to 0.0615 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0017 points.

H1 Avg (Jan–Jun) 0.0597
H2 Avg (Jul–Dec) 0.0615

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0032 WST (High: 0.0610 / Low: 0.0578). On the other end, April was the most stable month, with a tight range of 0.0009 WST (High: 0.0608 / Low: 0.0599).

February Spread (Volatile) ±0.0032
April Spread (Stable) ±0.0009

Growth Streaks & Declines

Trends

Between August and December, 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 0.0021 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0021

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 0.0634) against the same month in 2022 (average: 0.0616), the exchange rate shifted by +0.0019 (+3.01%).

2023 Avg (December) 0.0634
2022 Avg (December) 0.0616

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0619 0.0597 0.0611
February 0.0610 0.0578 0.0590
March 0.0600 0.0572 0.0581
April 0.0608 0.0599 0.0604
May 0.0606 0.0596 0.0600
June 0.0602 0.0591 0.0597
July 0.0603 0.0587 0.0598
August 0.0603 0.0590 0.0598
September 0.0611 0.0583 0.0604
October 0.0633 0.0610 0.0620
November 0.0635 0.0623 0.0633
December 0.0638 0.0627 0.0634