2023 MUR to DKK Historical Review

YEARLY HIGH

0.1618 DKK

YEARLY LOW

0.1459 DKK

YEARLY AVERAGE

0.1528 DKK

2023 MUR to DKK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MUR to DKK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 5, valuing the pair at 0.1618. Conversely, the yearly low was recorded on July 23, dropping to 0.1459.

This high-to-low spread represents a total annual volatility of 0.0158 DKK. From a start-to-finish perspective, comparing the January average rate of 0.1563 to the December average rate of 0.1547, the exchange rate registered a net change of -1.07% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1618 was down 7.60% compared to the 2022 peak of 0.1751, 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 809 DKK

2022 Average 800 DKK

Yearly Trough Low 730 DKK

Transaction Impact: A difference of 79.21 DKK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1605

0.1468

JanuMarcMayJulySeptNove

MUR to DKK 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 0.1517, compared to 0.1539 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0021 points.

H1 Avg (Jan–Jun) 0.1517

H2 Avg (Jul–Dec) 0.1539

Volatility Range Comparison

Volatility

The most volatile month in 2023 was September, with a trading range of 0.0114 DKK (High: 0.1595 / Low: 0.1482). On the other end, April was the most stable month, with a tight range of 0.0022 DKK (High: 0.1515 / Low: 0.1493).

September Spread (Volatile) ±0.0114

April Spread (Stable) ±0.0022

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 0.0041 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0041

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.1563) against the same month in 2022 (average: 0.1506), the exchange rate shifted by +0.0058 (+3.84%).

2023 Avg (January) 0.1563

2022 Avg (January) 0.1506

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1618	0.1515	0.1563
February	0.1541	0.1498	0.1522
March	0.1523	0.1472	0.1497
April	0.1515	0.1493	0.1506
May	0.1528	0.1484	0.1510
June	0.1531	0.1479	0.1506
July	0.1507	0.1459	0.1479
August	0.1518	0.1482	0.1502
September	0.1595	0.1482	0.1553
October	0.1604	0.1577	0.1593
November	0.1593	0.1529	0.1559
December	0.1570	0.1503	0.1547