YEARLY HIGH
0.0173 XDR
YEARLY LOW
0.0159 XDR
YEARLY AVERAGE
0.0166 XDR

2023 MUR to XDR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MUR to XDR exchange rate experienced significant fluctuation. The market reached its absolute peak on October 10, valuing the pair at 0.0173. Conversely, the yearly low was recorded on March 10, dropping to 0.0159.

This high-to-low spread represents a total annual volatility of 0.0014 XDR. From a start-to-finish perspective, comparing the January average rate of 0.0169 to the December average rate of 0.0170, the exchange rate registered a net change of 0.68% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0173 was down 1.56% compared to the 2022 peak of 0.0175, 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 86 XDR
2022 Average 82 XDR
Yearly Trough Low 79 XDR
Transaction Impact: A difference of 6.79 XDR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0173
0.0160
JanuMarcMayJulySeptNove

MUR to XDR 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 0.0164, compared to 0.0168 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0004 points.

H1 Avg (Jan–Jun) 0.0164
H2 Avg (Jul–Dec) 0.0168

Volatility Range Comparison

Volatility

The most volatile month in 2023 was September, with a trading range of 0.0010 XDR (High: 0.0172 / Low: 0.0161). On the other end, October was the most stable month, with a tight range of 0.0002 XDR (High: 0.0173 / Low: 0.0171).

September Spread (Volatile) ±0.0010
October Spread (Stable) ±0.0002

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 0.0005 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0005

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 0.0172) against the same month in 2022 (average: 0.0164), the exchange rate shifted by +0.0008 (+4.99%).

2023 Avg (October) 0.0172
2022 Avg (October) 0.0164

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0173 0.0164 0.0169
February 0.0168 0.0161 0.0163
March 0.0164 0.0159 0.0161
April 0.0165 0.0162 0.0164
May 0.0165 0.0162 0.0164
June 0.0166 0.0161 0.0164
July 0.0165 0.0161 0.0163
August 0.0167 0.0163 0.0165
September 0.0172 0.0161 0.0168
October 0.0173 0.0171 0.0172
November 0.0172 0.0169 0.0171
December 0.0172 0.0167 0.0170