2023 CDF to MUR Historical Review

YEARLY HIGH

0.0229 MUR

YEARLY LOW

0.0157 MUR

YEARLY AVERAGE

0.0195 MUR

2023 CDF to MUR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the CDF to MUR exchange rate experienced significant fluctuation. The market reached its absolute peak on March 13, valuing the pair at 0.0229. Conversely, the yearly low was recorded on December 20, dropping to 0.0157.

This high-to-low spread represents a total annual volatility of 0.0071 MUR. From a start-to-finish perspective, comparing the January average rate of 0.0215 to the December average rate of 0.0162, the exchange rate registered a net change of -24.71% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0229 was down 0.63% compared to the 2022 peak of 0.0230, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 114 MUR

2022 Average 110 MUR

Yearly Trough Low 79 MUR

Transaction Impact: A difference of 35.69 MUR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0231

0.0156

JanuMarcMayJulySeptNove

CDF 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 0.0213, compared to 0.0177 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0036 points.

H1 Avg (Jan–Jun) 0.0213

H2 Avg (Jul–Dec) 0.0177

Volatility Range Comparison

Volatility

The most volatile month in 2023 was May, with a trading range of 0.0028 MUR (High: 0.0223 / Low: 0.0195). On the other end, August was the most stable month, with a tight range of 0.0005 MUR (High: 0.0187 / Low: 0.0181).

May Spread (Volatile) ±0.0028

August Spread (Stable) ±0.0005

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 May and June, when the average rate fell by 0.0015 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0015

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 0.0225) against the same month in 2022 (average: 0.0221), the exchange rate shifted by +0.0004 (+1.71%).

2023 Avg (March) 0.0225

2022 Avg (March) 0.0221

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0221	0.0212	0.0215
February	0.0226	0.0215	0.0222
March	0.0229	0.0220	0.0225
April	0.0222	0.0206	0.0217
May	0.0223	0.0195	0.0208
June	0.0198	0.0189	0.0193
July	0.0189	0.0181	0.0185
August	0.0187	0.0181	0.0184
September	0.0188	0.0178	0.0181
October	0.0180	0.0171	0.0176
November	0.0180	0.0162	0.0174
December	0.0166	0.0157	0.0162