YEARLY HIGH
0.0524 MUR
YEARLY LOW
0.0484 MUR
YEARLY AVERAGE
0.0501 MUR

2023 KPW to MUR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the KPW to MUR exchange rate experienced significant fluctuation. The market reached its absolute peak on March 13, valuing the pair at 0.0524. Conversely, the yearly low was recorded on January 14, dropping to 0.0484.

This high-to-low spread represents a total annual volatility of 0.0040 MUR. From a start-to-finish perspective, comparing the January average rate of 0.0490 to the December average rate of 0.0490, the exchange rate registered a net change of 0.04% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0524 was up 1.62% compared to the 2022 peak of 0.0516, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 262 MUR
2022 Average 246 MUR
Yearly Trough Low 242 MUR
Transaction Impact: A difference of 19.98 MUR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0519
0.0488
JanuMarcMayJulySeptNove

KPW 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 0.0505, compared to 0.0498 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0007 points.

H1 Avg (Jan–Jun) 0.0505
H2 Avg (Jul–Dec) 0.0498

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0027 MUR (High: 0.0518 / Low: 0.0491). On the other end, October was the most stable month, with a tight range of 0.0004 MUR (High: 0.0495 / Low: 0.0491).

February Spread (Volatile) ±0.0027
October Spread (Stable) ±0.0004

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 0.0015 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: 0.0516) against the same month in 2022 (average: 0.0493), the exchange rate shifted by +0.0023 (+4.77%).

2023 Avg (March) 0.0516
2022 Avg (March) 0.0493

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0502 0.0484 0.0490
February 0.0518 0.0491 0.0508
March 0.0524 0.0505 0.0516
April 0.0506 0.0498 0.0502
May 0.0508 0.0499 0.0505
June 0.0512 0.0503 0.0507
July 0.0514 0.0502 0.0506
August 0.0512 0.0501 0.0505
September 0.0518 0.0494 0.0500
October 0.0495 0.0491 0.0493
November 0.0499 0.0490 0.0491
December 0.0496 0.0488 0.0490