2023 PLN to MUR Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
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.
Comparing the value generated converting 20,000 PLN based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2023.
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)
SeasonalThe 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.
Volatility Range Comparison
VolatilityThe 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).
Growth Streaks & Declines
TrendsBetween 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.
Same-Month Historical Baseline
YoY BaselineComparing 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%).
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 |