2023 PEN to MUR Historical Review

YEARLY HIGH

12.8491 MUR

YEARLY LOW

11.3661 MUR

YEARLY AVERAGE

12.0654 MUR

2023 PEN to MUR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the PEN to MUR exchange rate experienced significant fluctuation. The market reached its absolute peak on July 31, valuing the pair at 12.8491. Conversely, the yearly low was recorded on January 21, dropping to 11.3661.

This high-to-low spread represents a total annual volatility of 1.4830 MUR. From a start-to-finish perspective, comparing the January average rate of 11.5425 to the December average rate of 11.8161, the exchange rate registered a net change of 2.37% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 12.8491 was up 4.52% compared to the 2022 peak of 12.2936, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 PEN based on timing:

Yearly Peak High 64,246 MUR

2022 Average 57,727 MUR

Yearly Trough Low 56,831 MUR

Transaction Impact: A difference of 7,414.90 MUR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

12.7768

11.4303

JanuMarcMayJulySeptNove

PEN 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 12.1038, compared to 12.0269 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0770 points.

H1 Avg (Jan–Jun) 12.1038

H2 Avg (Jul–Dec) 12.0269

Volatility Range Comparison

Volatility

The most volatile month in 2023 was September, with a trading range of 0.8535 MUR (High: 12.5848 / Low: 11.7313). On the other end, October was the most stable month, with a tight range of 0.2946 MUR (High: 11.7331 / Low: 11.4385).

September Spread (Volatile) ±0.8535

October Spread (Stable) ±0.2946

Growth Streaks & Declines

Trends

Between April and July, 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 September and October, when the average rate fell by 0.5346 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.5346

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 12.6646) against the same month in 2022 (average: 11.6330), the exchange rate shifted by +1.0316 (+8.87%).

2023 Avg (July) 12.6646

2022 Avg (July) 11.6330

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	11.8052	11.3661	11.5425
February	12.1907	11.4932	11.9152
March	12.4986	12.0781	12.2993
April	12.2114	11.9062	12.0157
May	12.4899	12.1111	12.3318
June	12.7226	12.2938	12.5185
July	12.8491	12.4789	12.6646
August	12.5338	12.1634	12.3233
September	12.5848	11.7313	12.0817
October	11.7331	11.4385	11.5470
November	11.8569	11.4674	11.7287
December	12.0963	11.6273	11.8161