2023 MYR to MUR Historical Review

YEARLY HIGH

10.6573 MUR

YEARLY LOW

9.2380 MUR

YEARLY AVERAGE

9.9030 MUR

2023 MYR to MUR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MYR to MUR exchange rate experienced significant fluctuation. The market reached its absolute peak on February 3, valuing the pair at 10.6573. Conversely, the yearly low was recorded on October 24, dropping to 9.2380.

This high-to-low spread represents a total annual volatility of 1.4193 MUR. From a start-to-finish perspective, comparing the January average rate of 10.1975 to the December average rate of 9.4784, the exchange rate registered a net change of -7.05% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 10.6573 was down 1.18% compared to the 2022 peak of 10.7848, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 20,000 MYR based on timing:

Yearly Peak High 213,146 MUR

2022 Average 201,354 MUR

Yearly Trough Low 184,760 MUR

Transaction Impact: A difference of 28,385.65 MUR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

10.5885

9.2279

JanuMarcMayJulySeptNove

MYR to MUR 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 10.1975, compared to 9.6086 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.5889 points.

H1 Avg (Jan–Jun) 10.1975

H2 Avg (Jul–Dec) 9.6086

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.7209 MUR (High: 10.6406 / Low: 9.9198). On the other end, December was the most stable month, with a tight range of 0.2311 MUR (High: 9.6457 / Low: 9.4147).

January Spread (Volatile) ±0.7209

December Spread (Stable) ±0.2311

Growth Streaks & Declines

Trends

Between October and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.2700 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.2700

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 10.4751) against the same month in 2022 (average: 10.4468), the exchange rate shifted by +0.0283 (+0.27%).

2023 Avg (February) 10.4751

2022 Avg (February) 10.4468

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	10.6406	9.9198	10.1975
February	10.6573	10.2555	10.4751
March	10.5387	10.2550	10.3930
April	10.3224	10.0493	10.2028
May	10.2209	9.8367	10.0566
June	10.0119	9.7250	9.8600
July	10.2189	9.6927	9.9240
August	10.0197	9.7462	9.8687
September	10.0150	9.4501	9.6112
October	9.4712	9.2380	9.3413
November	9.5873	9.2745	9.4278
December	9.6457	9.4147	9.4784