YEARLY HIGH
0.6615 MUR
YEARLY LOW
0.4376 MUR
YEARLY AVERAGE
0.5345 MUR

2023 RUB to MUR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the RUB to MUR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 15, valuing the pair at 0.6615. Conversely, the yearly low was recorded on October 7, dropping to 0.4376.

This high-to-low spread represents a total annual volatility of 0.2239 MUR. From a start-to-finish perspective, comparing the January average rate of 0.6311 to the December average rate of 0.4849, the exchange rate registered a net change of -23.17% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.6615 was down 22.64% compared to the 2022 peak of 0.8551, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,308 MUR
2022 Average 3,285 MUR
Yearly Trough Low 2,188 MUR
Transaction Impact: A difference of 1,119.61 MUR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.6485
0.4396
JanuMarcMayJulySeptNove

RUB 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 0.5901, compared to 0.4789 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1113 points.

H1 Avg (Jan–Jun) 0.5901
H2 Avg (Jul–Dec) 0.4789

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0660 MUR (High: 0.6615 / Low: 0.5955). On the other end, July was the most stable month, with a tight range of 0.0227 MUR (High: 0.5179 / Low: 0.4952).

January Spread (Volatile) ±0.0660
July Spread (Stable) ±0.0227

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2023. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0511 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0511

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.6311) against the same month in 2022 (average: 0.5705), the exchange rate shifted by +0.0606 (+10.63%).

2023 Avg (January) 0.6311
2022 Avg (January) 0.5705

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.6615 0.5955 0.6311
February 0.6426 0.6081 0.6221
March 0.6285 0.5863 0.6086
April 0.5863 0.5491 0.5575
May 0.5946 0.5573 0.5740
June 0.5684 0.5122 0.5475
July 0.5179 0.4952 0.5030
August 0.4891 0.4520 0.4749
September 0.4844 0.4538 0.4651
October 0.4788 0.4376 0.4570
November 0.5031 0.4745 0.4884
December 0.4964 0.4734 0.4849