2023 MMK to MUR Historical Review

YEARLY HIGH

0.0225 MUR

YEARLY LOW

0.0208 MUR

YEARLY AVERAGE

0.0215 MUR

2023 MMK to MUR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MMK to MUR exchange rate experienced significant fluctuation. The market reached its absolute peak on March 10, valuing the pair at 0.0225. Conversely, the yearly low was recorded on January 13, dropping to 0.0208.

This high-to-low spread represents a total annual volatility of 0.0018 MUR. From a start-to-finish perspective, comparing the January average rate of 0.0210 to the December average rate of 0.0210, the exchange rate registered a net change of -0.06% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0225 was down 11.75% compared to the 2022 peak of 0.0255, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 113 MUR

2022 Average 115 MUR

Yearly Trough Low 104 MUR

Transaction Impact: A difference of 8.76 MUR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0223

0.0209

JanuMarcMayJulySeptNove

MMK 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 0.0216, compared to 0.0213 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0003 points.

H1 Avg (Jan–Jun) 0.0216

H2 Avg (Jul–Dec) 0.0213

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0011 MUR (High: 0.0222 / Low: 0.0210). On the other end, October was the most stable month, with a tight range of 0.0002 MUR (High: 0.0212 / Low: 0.0210).

February Spread (Volatile) ±0.0011

October Spread (Stable) ±0.0002

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 0.0006 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0006

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 0.0222) against the same month in 2022 (average: 0.0249), the exchange rate shifted by -0.0028 (-11.15%).

2023 Avg (March) 0.0222

2022 Avg (March) 0.0249

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0215	0.0208	0.0210
February	0.0222	0.0210	0.0218
March	0.0225	0.0217	0.0222
April	0.0217	0.0214	0.0215
May	0.0218	0.0214	0.0216
June	0.0220	0.0216	0.0217
July	0.0220	0.0215	0.0217
August	0.0220	0.0214	0.0217
September	0.0222	0.0212	0.0214
October	0.0212	0.0210	0.0211
November	0.0214	0.0210	0.0211
December	0.0213	0.0208	0.0210