YEARLY HIGH
0.0027 MUR
YEARLY LOW
0.0021 MUR
YEARLY AVERAGE
0.0024 MUR

2023 SLL to MUR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SLL to MUR exchange rate experienced significant fluctuation. The market reached its absolute peak on March 13, valuing the pair at 0.0027. Conversely, the yearly low was recorded on December 28, dropping to 0.0021.

This high-to-low spread represents a total annual volatility of 0.0006 MUR. From a start-to-finish perspective, comparing the January average rate of 0.0025 to the December average rate of 0.0021, the exchange rate registered a net change of -15.73% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0027 was down 31.13% compared to the 2022 peak of 0.0039, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 13 MUR
2022 Average 16 MUR
Yearly Trough Low 10 MUR
Transaction Impact: A difference of 2.88 MUR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0027
0.0021
JanuMarcMayJulySeptNove

SLL 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 0.0026, compared to 0.0022 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0004 points.

H1 Avg (Jan–Jun) 0.0026
H2 Avg (Jul–Dec) 0.0022

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 0.0004 MUR (High: 0.0026 / Low: 0.0022). On the other end, October was the most stable month, with a tight range of 0.0000 MUR (High: 0.0021 / Low: 0.0021).

July Spread (Volatile) ±0.0004
October Spread (Stable) ±0.0000

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 July and August, when the average rate fell by 0.0004 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0004

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 0.0026) against the same month in 2022 (average: 0.0038), the exchange rate shifted by -0.0012 (-31.27%).

2023 Avg (March) 0.0026
2022 Avg (March) 0.0038

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0026 0.0025 0.0025
February 0.0026 0.0025 0.0026
March 0.0027 0.0026 0.0026
April 0.0026 0.0025 0.0026
May 0.0026 0.0025 0.0026
June 0.0026 0.0026 0.0026
July 0.0026 0.0022 0.0025
August 0.0022 0.0022 0.0022
September 0.0022 0.0021 0.0021
October 0.0021 0.0021 0.0021
November 0.0021 0.0021 0.0021
December 0.0021 0.0021 0.0021