2023 MUR to CNY Historical Review

YEARLY HIGH

0.1654 CNY

YEARLY LOW

0.1452 CNY

YEARLY AVERAGE

0.1569 CNY

2023 MUR to CNY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MUR to CNY exchange rate experienced significant fluctuation. The market reached its absolute peak on October 31, valuing the pair at 0.1654. Conversely, the yearly low was recorded on March 13, dropping to 0.1452.

This high-to-low spread represents a total annual volatility of 0.0202 CNY. From a start-to-finish perspective, comparing the January average rate of 0.1539 to the December average rate of 0.1613, the exchange rate registered a net change of 4.76% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1654 was down 0.49% compared to the 2022 peak of 0.1662, 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 827 CNY

2022 Average 761 CNY

Yearly Trough Low 726 CNY

Transaction Impact: A difference of 100.86 CNY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1657

0.1468

JanuMarcMayJulySeptNove

MUR to CNY 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 0.1525, compared to 0.1612 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0087 points.

H1 Avg (Jan–Jun) 0.1525

H2 Avg (Jul–Dec) 0.1612

Volatility Range Comparison

Volatility

The most volatile month in 2023 was September, with a trading range of 0.0083 CNY (High: 0.1643 / Low: 0.1560). On the other end, December was the most stable month, with a tight range of 0.0034 CNY (High: 0.1627 / Low: 0.1593).

September Spread (Volatile) ±0.0083

December Spread (Stable) ±0.0034

Growth Streaks & Declines

Trends

Between March and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0042 points.

Longest Streak 7 Mo.

Sharpest MoM Drop -0.0042

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 0.1641) against the same month in 2022 (average: 0.1609), the exchange rate shifted by +0.0033 (+2.02%).

2023 Avg (October) 0.1641

2022 Avg (October) 0.1609

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1577	0.1502	0.1539
February	0.1525	0.1473	0.1497
March	0.1511	0.1452	0.1484
April	0.1544	0.1510	0.1526
May	0.1556	0.1518	0.1538
June	0.1594	0.1541	0.1568
July	0.1595	0.1535	0.1577
August	0.1610	0.1574	0.1591
September	0.1643	0.1560	0.1621
October	0.1654	0.1613	0.1641
November	0.1653	0.1603	0.1629
December	0.1627	0.1593	0.1613