2023 KES to MUR Historical Review

YEARLY HIGH

0.3698 MUR

YEARLY LOW

0.2796 MUR

YEARLY AVERAGE

0.3243 MUR

2023 KES to MUR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the KES to MUR exchange rate experienced significant fluctuation. The market reached its absolute peak on February 21, valuing the pair at 0.3698. Conversely, the yearly low was recorded on December 28, dropping to 0.2796.

This high-to-low spread represents a total annual volatility of 0.0902 MUR. From a start-to-finish perspective, comparing the January average rate of 0.3560 to the December average rate of 0.2858, the exchange rate registered a net change of -19.71% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.3698 was down 6.27% compared to the 2022 peak of 0.3945, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,849 MUR

2022 Average 1,877 MUR

Yearly Trough Low 1,398 MUR

Transaction Impact: A difference of 450.79 MUR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.3717

0.2780

JanuMarcMayJulySeptNove

KES 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 0.3454, compared to 0.3032 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0422 points.

H1 Avg (Jan–Jun) 0.3454

H2 Avg (Jul–Dec) 0.3032

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0237 MUR (High: 0.3667 / Low: 0.3430). On the other end, May was the most stable month, with a tight range of 0.0053 MUR (High: 0.3343 / Low: 0.3290).

March Spread (Volatile) ±0.0237

May Spread (Stable) ±0.0053

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2023. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0226 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0226

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 0.3639) against the same month in 2022 (average: 0.3848), the exchange rate shifted by -0.0209 (-5.42%).

2023 Avg (February) 0.3639

2022 Avg (February) 0.3848

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.3628	0.3520	0.3560
February	0.3698	0.3549	0.3639
March	0.3667	0.3430	0.3586
April	0.3434	0.3297	0.3360
May	0.3343	0.3290	0.3311
June	0.3321	0.3228	0.3270
July	0.3293	0.3190	0.3223
August	0.3221	0.3121	0.3165
September	0.3198	0.3001	0.3065
October	0.3005	0.2944	0.2970
November	0.2953	0.2880	0.2911
December	0.2904	0.2796	0.2858