YEARLY HIGH
53.4462 MUR
YEARLY LOW
46.6800 MUR
YEARLY AVERAGE
50.2138 MUR

2023 CHF to MUR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the CHF to MUR exchange rate experienced significant fluctuation. The market reached its absolute peak on July 26, valuing the pair at 53.4462. Conversely, the yearly low was recorded on January 5, dropping to 46.6800.

This high-to-low spread represents a total annual volatility of 6.7662 MUR. From a start-to-finish perspective, comparing the January average rate of 47.7584 to the December average rate of 51.1122, the exchange rate registered a net change of 7.02% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 53.4462 was up 8.80% compared to the 2022 peak of 49.1253, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 267,231 MUR
2022 Average 231,840 MUR
Yearly Trough Low 233,400 MUR
Transaction Impact: A difference of 33,830.86 MUR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

52.5690
47.3211
JanuMarcMayJulySeptNove

CHF 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 49.8022, compared to 50.6254 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.8232 points.

H1 Avg (Jan–Jun) 49.8022
H2 Avg (Jul–Dec) 50.6254

Volatility Range Comparison

Volatility

The most volatile month in 2023 was September, with a trading range of 4.3727 MUR (High: 52.6873 / Low: 48.3146). On the other end, August was the most stable month, with a tight range of 1.0557 MUR (High: 52.3044 / Low: 51.2487).

September Spread (Volatile) ±4.3727
August Spread (Stable) ±1.0557

Growth Streaks & Declines

Trends

Between January and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 1.7272 points.

Longest Streak 6 Mo.
Sharpest MoM Drop -1.7272

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 52.1316) against the same month in 2022 (average: 46.8143), the exchange rate shifted by +5.3173 (+11.36%).

2023 Avg (July) 52.1316
2022 Avg (July) 46.8143

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 49.0282 46.6800 47.7584
February 50.2929 48.7198 49.3408
March 51.6653 49.1764 50.2113
April 50.8929 49.5785 50.2223
May 51.3856 50.1733 50.5756
June 51.3542 50.0092 50.7048
July 53.4462 50.6656 52.1316
August 52.3044 51.2487 51.7741
September 52.6873 48.3146 50.0469
October 49.7897 48.2642 49.0594
November 50.5886 48.8375 49.6280
December 52.9865 50.1284 51.1122