2023 SAR to MUR Historical Review

YEARLY HIGH

12.5597 MUR

YEARLY LOW

11.5956 MUR

YEARLY AVERAGE

12.0229 MUR

2023 SAR to MUR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SAR to MUR exchange rate experienced significant fluctuation. The market reached its absolute peak on March 13, valuing the pair at 12.5597. Conversely, the yearly low was recorded on January 14, dropping to 11.5956.

This high-to-low spread represents a total annual volatility of 0.9641 MUR. From a start-to-finish perspective, comparing the January average rate of 11.7480 to the December average rate of 11.7688, the exchange rate registered a net change of 0.18% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 12.5597 was up 1.66% compared to the 2022 peak of 12.3546, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 62,799 MUR

2022 Average 58,914 MUR

Yearly Trough Low 57,978 MUR

Transaction Impact: A difference of 4,820.71 MUR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

12.4350

11.6855

JanuMarcMayJulySeptNove

SAR 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 12.1040, compared to 11.9417 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1624 points.

H1 Avg (Jan–Jun) 12.1040

H2 Avg (Jul–Dec) 11.9417

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.6582 MUR (High: 12.4373 / Low: 11.7792). On the other end, October was the most stable month, with a tight range of 0.0945 MUR (High: 11.8787 / Low: 11.7842).

February Spread (Volatile) ±0.6582

October Spread (Stable) ±0.0945

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 March and April, when the average rate fell by 0.3382 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.3382

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 12.3725) against the same month in 2022 (average: 11.8186), the exchange rate shifted by +0.5539 (+4.69%).

2023 Avg (March) 12.3725

2022 Avg (March) 11.8186

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	12.0352	11.5956	11.7480
February	12.4373	11.7792	12.1879
March	12.5597	12.1125	12.3725
April	12.1311	11.9566	12.0343
May	12.1865	11.9823	12.1123
June	12.2964	12.0741	12.1692
July	12.3402	12.0554	12.1497
August	12.2778	12.0189	12.1275
September	12.4301	11.8573	11.9943
October	11.8787	11.7842	11.8176
November	11.9861	11.7555	11.7922
December	11.9072	11.7058	11.7688