2023 MUR to HRK Historical Review

YEARLY HIGH

0.1639 HRK

YEARLY LOW

0.1476 HRK

YEARLY AVERAGE

0.1545 HRK

2023 MUR to HRK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MUR to HRK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 5, valuing the pair at 0.1639. Conversely, the yearly low was recorded on July 23, dropping to 0.1476.

This high-to-low spread represents a total annual volatility of 0.0163 HRK. From a start-to-finish perspective, comparing the January average rate of 0.1583 to the December average rate of 0.1563, the exchange rate registered a net change of -1.25% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1639 was down 7.52% compared to the 2022 peak of 0.1772, 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 819 HRK

2022 Average 810 HRK

Yearly Trough Low 738 HRK

Transaction Impact: A difference of 81.59 HRK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1620

0.1484

JanuMarcMayJulySeptNove

MUR to HRK 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 0.1535, compared to 0.1555 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) 0.1535

H2 Avg (Jul–Dec) 0.1555

Volatility Range Comparison

Volatility

The most volatile month in 2023 was September, with a trading range of 0.0114 HRK (High: 0.1612 / Low: 0.1498). On the other end, April was the most stable month, with a tight range of 0.0023 HRK (High: 0.1533 / Low: 0.1509).

September Spread (Volatile) ±0.0114

April Spread (Stable) ±0.0023

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 0.0042 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0042

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.1583) against the same month in 2022 (average: 0.1522), the exchange rate shifted by +0.0061 (+3.98%).

2023 Avg (January) 0.1583

2022 Avg (January) 0.1522

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1639	0.1535	0.1583
February	0.1560	0.1516	0.1541
March	0.1541	0.1490	0.1515
April	0.1533	0.1509	0.1523
May	0.1545	0.1501	0.1527
June	0.1548	0.1497	0.1523
July	0.1525	0.1476	0.1496
August	0.1535	0.1499	0.1519
September	0.1612	0.1498	0.1569
October	0.1621	0.1592	0.1609
November	0.1609	0.1544	0.1575
December	0.1587	0.1519	0.1563