YEARLY HIGH
11.5578 MUR
YEARLY LOW
9.8196 MUR
YEARLY AVERAGE
10.7532 MUR

2023 PLN to MUR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the PLN to MUR exchange rate experienced significant fluctuation. The market reached its absolute peak on July 31, valuing the pair at 11.5578. Conversely, the yearly low was recorded on January 5, dropping to 9.8196.

This high-to-low spread represents a total annual volatility of 1.7382 MUR. From a start-to-finish perspective, comparing the January average rate of 10.1816 to the December average rate of 11.1309, the exchange rate registered a net change of 9.32% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 11.5578 was up 4.10% compared to the 2022 peak of 11.1027, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 231,156 MUR
2022 Average 199,096 MUR
Yearly Trough Low 196,392 MUR
Transaction Impact: A difference of 34,764.12 MUR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

11.4552
10.0659
JanuMarcMayJulySeptNove

PLN 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 10.6227, compared to 10.8838 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2611 points.

H1 Avg (Jan–Jun) 10.6227
H2 Avg (Jul–Dec) 10.8838

Volatility Range Comparison

Volatility

The most volatile month in 2023 was September, with a trading range of 1.1601 MUR (High: 11.2480 / Low: 10.0879). On the other end, August was the most stable month, with a tight range of 0.2836 MUR (High: 11.2569 / Low: 10.9733).

September Spread (Volatile) ±1.1601
August Spread (Stable) ±0.2836

Growth Streaks & Declines

Trends

Between January and July, 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 August and September, when the average rate fell by 0.6875 points.

Longest Streak 6 Mo.
Sharpest MoM Drop -0.6875

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 11.3394) against the same month in 2022 (average: 9.7066), the exchange rate shifted by +1.6329 (+16.82%).

2023 Avg (July) 11.3394
2022 Avg (July) 9.7066

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 10.6075 9.8196 10.1816
February 10.4626 10.1593 10.3140
March 10.8008 10.4213 10.6026
April 10.8750 10.5121 10.6694
May 11.0254 10.7098 10.8713
June 11.3799 10.8332 11.0974
July 11.5578 11.0692 11.3394
August 11.2569 10.9733 11.1313
September 11.2480 10.0879 10.4438
October 10.6159 10.0743 10.3847
November 11.2406 10.4827 10.8727
December 11.4788 10.9483 11.1309