2023 RON to MUR Historical Review

YEARLY HIGH

10.3583 MUR

YEARLY LOW

9.3248 MUR

YEARLY AVERAGE

9.8635 MUR

2023 RON to MUR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the RON to MUR exchange rate experienced significant fluctuation. The market reached its absolute peak on July 26, valuing the pair at 10.3583. Conversely, the yearly low was recorded on January 5, dropping to 9.3248.

This high-to-low spread represents a total annual volatility of 1.0335 MUR. From a start-to-finish perspective, comparing the January average rate of 9.6623 to the December average rate of 9.6996, the exchange rate registered a net change of 0.39% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 10.3583 was up 2.03% compared to the 2022 peak of 10.1521, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 51,792 MUR

2022 Average 47,256 MUR

Yearly Trough Low 46,624 MUR

Transaction Impact: A difference of 5,167.61 MUR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

10.2756

9.3509

JanuMarcMayJulySeptNove

RON 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 9.9495, compared to 9.7775 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1720 points.

H1 Avg (Jan–Jun) 9.9495

H2 Avg (Jul–Dec) 9.7775

Volatility Range Comparison

Volatility

The most volatile month in 2023 was September, with a trading range of 0.7770 MUR (High: 10.1722 / Low: 9.3952). On the other end, October was the most stable month, with a tight range of 0.1794 MUR (High: 9.5249 / Low: 9.3456).

September Spread (Volatile) ±0.7770

October Spread (Stable) ±0.1794

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 August and September, when the average rate fell by 0.3694 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.3694

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 10.1985) against the same month in 2022 (average: 9.3559), the exchange rate shifted by +0.8426 (+9.01%).

2023 Avg (July) 10.1985

2022 Avg (July) 9.3559

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	10.0199	9.3248	9.6623
February	10.0984	9.8261	9.9673
March	10.2770	9.9382	10.0968
April	10.1196	9.9384	10.0234
May	10.1848	9.8299	9.9719
June	10.1415	9.8022	9.9756
July	10.3583	9.9855	10.1985
August	10.1645	9.9337	10.0413
September	10.1722	9.3952	9.6719
October	9.5249	9.3456	9.4280
November	9.8191	9.4276	9.6257
December	9.9701	9.5479	9.6996