2023 MUR to XCD Historical Review

YEARLY HIGH

0.0621 XCD

YEARLY LOW

0.0573 XCD

YEARLY AVERAGE

0.0599 XCD

2023 MUR to XCD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MUR to XCD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 14, valuing the pair at 0.0621. Conversely, the yearly low was recorded on March 16, dropping to 0.0573.

This high-to-low spread represents a total annual volatility of 0.0047 XCD. From a start-to-finish perspective, comparing the January average rate of 0.0613 to the December average rate of 0.0612, the exchange rate registered a net change of -0.05% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0621 was down 2.19% compared to the 2022 peak of 0.0634, 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 310 XCD

2022 Average 306 XCD

Yearly Trough Low 287 XCD

Transaction Impact: A difference of 23.67 XCD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0616

0.0579

JanuMarcMayJulySeptNove

MUR to XCD 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 0.0595, compared to 0.0604 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0008 points.

H1 Avg (Jan–Jun) 0.0595

H2 Avg (Jul–Dec) 0.0604

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0032 XCD (High: 0.0611 / Low: 0.0579). On the other end, October was the most stable month, with a tight range of 0.0005 XCD (High: 0.0611 / Low: 0.0607).

February Spread (Volatile) ±0.0032

October Spread (Stable) ±0.0005

Growth Streaks & Declines

Trends

Between June and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 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 6 Mo.

Sharpest MoM Drop -0.0021

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.0613) against the same month in 2022 (average: 0.0619), the exchange rate shifted by -0.0007 (-1.05%).

2023 Avg (January) 0.0613

2022 Avg (January) 0.0619

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0621	0.0598	0.0613
February	0.0611	0.0579	0.0591
March	0.0595	0.0573	0.0582
April	0.0603	0.0594	0.0599
May	0.0601	0.0591	0.0595
June	0.0597	0.0586	0.0592
July	0.0598	0.0584	0.0593
August	0.0599	0.0587	0.0594
September	0.0608	0.0580	0.0601
October	0.0611	0.0607	0.0610
November	0.0613	0.0601	0.0611
December	0.0616	0.0605	0.0612