2023 RSD to MUR Historical Review

YEARLY HIGH

0.4359 MUR

YEARLY LOW

0.3918 MUR

YEARLY AVERAGE

0.4161 MUR

2023 RSD to MUR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the RSD to MUR exchange rate experienced significant fluctuation. The market reached its absolute peak on July 22, valuing the pair at 0.4359. Conversely, the yearly low was recorded on January 5, dropping to 0.3918.

This high-to-low spread represents a total annual volatility of 0.0441 MUR. From a start-to-finish perspective, comparing the January average rate of 0.4056 to the December average rate of 0.4113, the exchange rate registered a net change of 1.41% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.4359 was up 2.15% compared to the 2022 peak of 0.4267, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,179 MUR

2022 Average 1,984 MUR

Yearly Trough Low 1,959 MUR

Transaction Impact: A difference of 220.47 MUR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.4329

0.3963

JanuMarcMayJulySeptNove

RSD 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 0.4187, compared to 0.4136 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0051 points.

H1 Avg (Jan–Jun) 0.4187

H2 Avg (Jul–Dec) 0.4136

Volatility Range Comparison

Volatility

The most volatile month in 2023 was September, with a trading range of 0.0305 MUR (High: 0.4290 / Low: 0.3985). On the other end, April was the most stable month, with a tight range of 0.0062 MUR (High: 0.4258 / Low: 0.4196).

September Spread (Volatile) ±0.0305

April Spread (Stable) ±0.0062

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 0.0136 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0136

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 0.4299) against the same month in 2022 (average: 0.3937), the exchange rate shifted by +0.0362 (+9.19%).

2023 Avg (July) 0.4299

2022 Avg (July) 0.3937

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.4184	0.3918	0.4056
February	0.4237	0.4118	0.4170
March	0.4316	0.4167	0.4243
April	0.4258	0.4196	0.4223
May	0.4280	0.4159	0.4209
June	0.4292	0.4153	0.4221
July	0.4359	0.4215	0.4299
August	0.4287	0.4185	0.4232
September	0.4290	0.3985	0.4095
October	0.4040	0.3963	0.3994
November	0.4160	0.3998	0.4081
December	0.4233	0.4051	0.4113