2023 PGK to MUR Historical Review

YEARLY HIGH

13.4226 MUR

YEARLY LOW

11.6417 MUR

YEARLY AVERAGE

12.5341 MUR

2023 PGK to MUR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the PGK to MUR exchange rate experienced significant fluctuation. The market reached its absolute peak on March 10, valuing the pair at 13.4226. Conversely, the yearly low was recorded on December 30, dropping to 11.6417.

This high-to-low spread represents a total annual volatility of 1.7809 MUR. From a start-to-finish perspective, comparing the January average rate of 12.5258 to the December average rate of 11.8011, the exchange rate registered a net change of -5.79% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 13.4226 was up 1.81% compared to the 2022 peak of 13.1837, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 67,113 MUR

2022 Average 62,719 MUR

Yearly Trough Low 58,208 MUR

Transaction Impact: A difference of 8,904.58 MUR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

13.3313

11.6467

JanuMarcMayJulySeptNove

PGK 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 12.8634, compared to 12.2047 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.6587 points.

H1 Avg (Jan–Jun) 12.8634

H2 Avg (Jul–Dec) 12.2047

Volatility Range Comparison

Volatility

The most volatile month in 2023 was September, with a trading range of 0.6203 MUR (High: 12.7253 / Low: 12.1050). On the other end, November was the most stable month, with a tight range of 0.2721 MUR (High: 11.9456 / Low: 11.6735).

September Spread (Volatile) ±0.6203

November Spread (Stable) ±0.2721

Growth Streaks & Declines

Trends

Between January and March, 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 March and April, when the average rate fell by 0.3888 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.3888

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 13.1909) against the same month in 2022 (average: 12.5935), the exchange rate shifted by +0.5974 (+4.74%).

2023 Avg (March) 13.1909

2022 Avg (March) 12.5935

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	12.8267	12.3949	12.5258
February	13.1563	12.5426	12.9563
March	13.4226	12.9119	13.1909
April	12.9348	12.6462	12.8021
May	12.9572	12.6716	12.8602
June	13.0966	12.6039	12.8450
July	13.0156	12.4996	12.7614
August	12.8977	12.3663	12.5758
September	12.7253	12.1050	12.3438
October	12.1619	11.7561	11.9592
November	11.9456	11.6735	11.7871
December	11.9796	11.6417	11.8011