YEARLY HIGH
0.0066 MUR
YEARLY LOW
0.0059 MUR
YEARLY AVERAGE
0.0062 MUR

2023 PYG to MUR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the PYG to MUR exchange rate experienced significant fluctuation. The market reached its absolute peak on March 10, valuing the pair at 0.0066. Conversely, the yearly low was recorded on January 13, dropping to 0.0059.

This high-to-low spread represents a total annual volatility of 0.0007 MUR. From a start-to-finish perspective, comparing the January average rate of 0.0060 to the December average rate of 0.0060, the exchange rate registered a net change of 0.28% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0066 was down 2.57% compared to the 2022 peak of 0.0067, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 33 MUR
2022 Average 32 MUR
Yearly Trough Low 29 MUR
Transaction Impact: A difference of 3.36 MUR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0065
0.0059
JanuMarcMayJulySeptNove

PYG 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 0.0063, compared to 0.0061 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.0063
H2 Avg (Jul–Dec) 0.0061

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0003 MUR (High: 0.0064 / Low: 0.0060). On the other end, June was the most stable month, with a tight range of 0.0001 MUR (High: 0.0064 / Low: 0.0063).

February Spread (Volatile) ±0.0003
June Spread (Stable) ±0.0001

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 September and October, when the average rate fell by 0.0002 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 0.0065) against the same month in 2022 (average: 0.0064), the exchange rate shifted by +0.0001 (+1.59%).

2023 Avg (March) 0.0065
2022 Avg (March) 0.0064

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0061 0.0059 0.0060
February 0.0064 0.0060 0.0063
March 0.0066 0.0063 0.0065
April 0.0064 0.0062 0.0063
May 0.0064 0.0062 0.0063
June 0.0064 0.0063 0.0063
July 0.0064 0.0062 0.0063
August 0.0064 0.0062 0.0063
September 0.0064 0.0061 0.0062
October 0.0061 0.0059 0.0060
November 0.0060 0.0059 0.0059
December 0.0061 0.0059 0.0060