2023 MUR to CDF Historical Review

YEARLY HIGH

63.5039 CDF

YEARLY LOW

43.6982 CDF

YEARLY AVERAGE

51.8240 CDF

2023 MUR to CDF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MUR to CDF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 20, valuing the pair at 63.5039. Conversely, the yearly low was recorded on March 13, dropping to 43.6982.

This high-to-low spread represents a total annual volatility of 19.8056 CDF. From a start-to-finish perspective, comparing the January average rate of 46.4313 to the December average rate of 61.6743, the exchange rate registered a net change of 32.83% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 63.5039 was up 34.26% compared to the 2022 peak of 47.2980, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 317,519 CDF

2022 Average 228,334 CDF

Yearly Trough Low 218,491 CDF

Transaction Impact: A difference of 99,028.10 CDF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

63.3900

42.8021

JanuMarcMayJulySeptNove

MUR to CDF 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 47.0098, compared to 56.6382 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 9.6284 points.

H1 Avg (Jan–Jun) 47.0098

H2 Avg (Jul–Dec) 56.6382

Volatility Range Comparison

Volatility

The most volatile month in 2023 was May, with a trading range of 6.5194 CDF (High: 51.2736 / Low: 44.7542). On the other end, August was the most stable month, with a tight range of 1.5698 CDF (High: 55.0967 / Low: 53.5270).

May Spread (Volatile) ±6.5194

August Spread (Stable) ±1.5698

Growth Streaks & Declines

Trends

Between March and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 9 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 1.3174 points.

Longest Streak 9 Mo.

Sharpest MoM Drop -1.3174

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 61.6743) against the same month in 2022 (average: 46.6388), the exchange rate shifted by +15.0355 (+32.24%).

2023 Avg (December) 61.6743

2022 Avg (December) 46.6388

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	47.1978	45.2935	46.4313
February	46.4632	44.1876	45.1140
March	45.3673	43.6982	44.5178
April	48.6606	44.9670	46.1073
May	51.2736	44.7542	48.1730
June	52.9691	50.4570	51.7155
July	55.3746	52.9089	54.1808
August	55.0967	53.5270	54.4352
September	56.0588	53.2834	55.2167
October	58.5088	55.6893	56.8124
November	61.7362	55.6076	57.5100
December	63.5039	60.1487	61.6743