2023 SYP to MUR Historical Review

YEARLY HIGH

0.0188 MUR

YEARLY LOW

0.0173 MUR

YEARLY AVERAGE

0.0180 MUR

2023 SYP to MUR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SYP to MUR exchange rate experienced significant fluctuation. The market reached its absolute peak on March 13, valuing the pair at 0.0188. Conversely, the yearly low was recorded on January 14, dropping to 0.0173.

This high-to-low spread represents a total annual volatility of 0.0014 MUR. From a start-to-finish perspective, comparing the January average rate of 0.0176 to the December average rate of 0.0176, the exchange rate registered a net change of 0.04% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0188 was up 1.62% compared to the 2022 peak of 0.0185, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 94 MUR

2022 Average 88 MUR

Yearly Trough Low 87 MUR

Transaction Impact: A difference of 7.16 MUR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0186

0.0175

JanuMarcMayJulySeptNove

SYP 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 0.0181, compared to 0.0178 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0003 points.

H1 Avg (Jan–Jun) 0.0181

H2 Avg (Jul–Dec) 0.0178

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0010 MUR (High: 0.0186 / Low: 0.0176). On the other end, October was the most stable month, with a tight range of 0.0001 MUR (High: 0.0177 / Low: 0.0176).

February Spread (Volatile) ±0.0010

October Spread (Stable) ±0.0001

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 0.0005 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0005

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 0.0185) against the same month in 2022 (average: 0.0177), the exchange rate shifted by +0.0008 (+4.75%).

2023 Avg (March) 0.0185

2022 Avg (March) 0.0177

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0180	0.0173	0.0176
February	0.0186	0.0176	0.0182
March	0.0188	0.0181	0.0185
April	0.0181	0.0179	0.0180
May	0.0182	0.0179	0.0181
June	0.0184	0.0180	0.0182
July	0.0184	0.0180	0.0181
August	0.0183	0.0179	0.0181
September	0.0186	0.0177	0.0179
October	0.0177	0.0176	0.0176
November	0.0179	0.0176	0.0176
December	0.0178	0.0175	0.0176