YEARLY HIGH
2.1441 MUR
YEARLY LOW
1.8864 MUR
YEARLY AVERAGE
2.0338 MUR

2023 CZK to MUR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the CZK to MUR exchange rate experienced significant fluctuation. The market reached its absolute peak on April 13, valuing the pair at 2.1441. Conversely, the yearly low was recorded on October 14, dropping to 1.8864.

This high-to-low spread represents a total annual volatility of 0.2578 MUR. From a start-to-finish perspective, comparing the January average rate of 1.9875 to the December average rate of 1.9686, the exchange rate registered a net change of -0.95% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 2.1441 was up 3.58% compared to the 2022 peak of 2.0699, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 10,721 MUR
2022 Average 9,486 MUR
Yearly Trough Low 9,432 MUR
Transaction Impact: A difference of 1,288.78 MUR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

2.1321
1.8846
JanuMarcMayJulySeptNove

CZK 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 2.0733, compared to 1.9944 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0789 points.

H1 Avg (Jan–Jun) 2.0733
H2 Avg (Jul–Dec) 1.9944

Volatility Range Comparison

Volatility

The most volatile month in 2023 was September, with a trading range of 0.1641 MUR (High: 2.0838 / Low: 1.9197). On the other end, October was the most stable month, with a tight range of 0.0409 MUR (High: 1.9272 / Low: 1.8864).

September Spread (Volatile) ±0.1641
October Spread (Stable) ±0.0409

Growth Streaks & Declines

Trends

Between January and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.0876 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0876

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2023: 2.1114) against the same month in 2022 (average: 1.9303), the exchange rate shifted by +0.1812 (+9.38%).

2023 Avg (April) 2.1114
2022 Avg (April) 1.9303

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.0613 1.9113 1.9875
February 2.0941 2.0388 2.0625
March 2.1354 2.0446 2.1001
April 2.1441 2.0933 2.1114
May 2.1396 2.0592 2.0901
June 2.1272 2.0545 2.0881
July 2.1432 2.0800 2.1092
August 2.0823 2.0391 2.0575
September 2.0838 1.9197 1.9699
October 1.9272 1.8864 1.9052
November 2.0026 1.8986 1.9558
December 2.0082 1.9453 1.9686