2023 MUR to HKD Historical Review

YEARLY HIGH

0.1796 HKD

YEARLY LOW

0.1664 HKD

YEARLY AVERAGE

0.1736 HKD

2023 MUR to HKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MUR to HKD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 14, valuing the pair at 0.1796. Conversely, the yearly low was recorded on March 13, dropping to 0.1664.

This high-to-low spread represents a total annual volatility of 0.0132 HKD. From a start-to-finish perspective, comparing the January average rate of 0.1772 to the December average rate of 0.1769, the exchange rate registered a net change of -0.18% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1796 was down 2.50% compared to the 2022 peak of 0.1842, 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 898 HKD

2022 Average 885 HKD

Yearly Trough Low 832 HKD

Transaction Impact: A difference of 66.00 HKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1781

0.1681

JanuMarcMayJulySeptNove

MUR to HKD 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 0.1726, compared to 0.1746 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0020 points.

H1 Avg (Jan–Jun) 0.1726

H2 Avg (Jul–Dec) 0.1746

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0092 HKD (High: 0.1774 / Low: 0.1682). On the other end, October was the most stable month, with a tight range of 0.0014 HKD (High: 0.1772 / Low: 0.1758).

February Spread (Volatile) ±0.0092

October Spread (Stable) ±0.0014

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 0.0056 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0056

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.1772) against the same month in 2022 (average: 0.1785), the exchange rate shifted by -0.0012 (-0.69%).

2023 Avg (January) 0.1772

2022 Avg (January) 0.1785

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1796	0.1734	0.1772
February	0.1774	0.1682	0.1716
March	0.1727	0.1664	0.1690
April	0.1750	0.1725	0.1739
May	0.1746	0.1710	0.1725
June	0.1731	0.1699	0.1716
July	0.1729	0.1684	0.1716
August	0.1732	0.1702	0.1721
September	0.1761	0.1681	0.1741
October	0.1772	0.1758	0.1765
November	0.1773	0.1736	0.1765
December	0.1779	0.1748	0.1769