YEARLY HIGH
0.5301 CZK
YEARLY LOW
0.4664 CZK
YEARLY AVERAGE
0.4923 CZK

2023 MUR to CZK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MUR to CZK exchange rate experienced significant fluctuation. The market reached its absolute peak on October 14, valuing the pair at 0.5301. Conversely, the yearly low was recorded on April 13, dropping to 0.4664.

This high-to-low spread represents a total annual volatility of 0.0637 CZK. From a start-to-finish perspective, comparing the January average rate of 0.5034 to the December average rate of 0.5080, the exchange rate registered a net change of 0.92% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.5301 was down 8.26% compared to the 2022 peak of 0.5779, 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 2,651 CZK
2022 Average 2,640 CZK
Yearly Trough Low 2,332 CZK
Transaction Impact: A difference of 318.65 CZK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.5300
0.4685
JanuMarcMayJulySeptNove

MUR to CZK 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 0.4826, compared to 0.5021 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0195 points.

H1 Avg (Jan–Jun) 0.4826
H2 Avg (Jul–Dec) 0.5021

Volatility Range Comparison

Volatility

The most volatile month in 2023 was September, with a trading range of 0.0410 CZK (High: 0.5209 / Low: 0.4799). On the other end, August was the most stable month, with a tight range of 0.0102 CZK (High: 0.4904 / Low: 0.4802).

September Spread (Volatile) ±0.0410
August Spread (Stable) ±0.0102

Growth Streaks & Declines

Trends

Between July and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0185 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0185

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 0.5249) against the same month in 2022 (average: 0.5580), the exchange rate shifted by -0.0331 (-5.93%).

2023 Avg (October) 0.5249
2022 Avg (October) 0.5580

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.5232 0.4851 0.5034
February 0.4905 0.4775 0.4849
March 0.4891 0.4683 0.4762
April 0.4777 0.4664 0.4736
May 0.4856 0.4674 0.4785
June 0.4867 0.4701 0.4790
July 0.4808 0.4666 0.4742
August 0.4904 0.4802 0.4860
September 0.5209 0.4799 0.5078
October 0.5301 0.5189 0.5249
November 0.5267 0.4994 0.5114
December 0.5141 0.4980 0.5080