2023 YER to MUR Historical Review

YEARLY HIGH

0.1884 MUR

YEARLY LOW

0.1740 MUR

YEARLY AVERAGE

0.1802 MUR

2023 YER to MUR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the YER to MUR exchange rate experienced significant fluctuation. The market reached its absolute peak on March 13, valuing the pair at 0.1884. Conversely, the yearly low was recorded on January 14, dropping to 0.1740.

This high-to-low spread represents a total annual volatility of 0.0144 MUR. From a start-to-finish perspective, comparing the January average rate of 0.1763 to the December average rate of 0.1764, the exchange rate registered a net change of 0.08% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1884 was up 1.60% compared to the 2022 peak of 0.1854, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 942 MUR

2022 Average 884 MUR

Yearly Trough Low 870 MUR

Transaction Impact: A difference of 71.86 MUR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1865

0.1753

JanuMarcMayJulySeptNove

YER 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 0.1814, compared to 0.1789 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0025 points.

H1 Avg (Jan–Jun) 0.1814

H2 Avg (Jul–Dec) 0.1789

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0098 MUR (High: 0.1863 / Low: 0.1765). On the other end, October was the most stable month, with a tight range of 0.0014 MUR (High: 0.1779 / Low: 0.1765).

February Spread (Volatile) ±0.0098

October Spread (Stable) ±0.0014

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 0.0053 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0053

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 0.1856) against the same month in 2022 (average: 0.1772), the exchange rate shifted by +0.0084 (+4.75%).

2023 Avg (March) 0.1856

2022 Avg (March) 0.1772

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1803	0.1740	0.1763
February	0.1863	0.1765	0.1826
March	0.1884	0.1815	0.1856
April	0.1817	0.1791	0.1803
May	0.1826	0.1796	0.1815
June	0.1842	0.1809	0.1823
July	0.1850	0.1806	0.1820
August	0.1840	0.1801	0.1817
September	0.1863	0.1776	0.1797
October	0.1779	0.1765	0.1771
November	0.1795	0.1762	0.1767
December	0.1784	0.1754	0.1764