YEARLY HIGH
10.7106 KMF
YEARLY LOW
9.5695 KMF
YEARLY AVERAGE
10.1028 KMF

2023 MUR to KMF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MUR to KMF exchange rate experienced significant fluctuation. The market reached its absolute peak on January 5, valuing the pair at 10.7106. Conversely, the yearly low was recorded on July 21, dropping to 9.5695.

This high-to-low spread represents a total annual volatility of 1.1411 KMF. From a start-to-finish perspective, comparing the January average rate of 10.3590 to the December average rate of 10.2197, the exchange rate registered a net change of -1.34% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 10.7106 was down 7.72% compared to the 2022 peak of 11.6063, 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 53,553 KMF
2022 Average 52,824 KMF
Yearly Trough Low 47,848 KMF
Transaction Impact: A difference of 5,705.28 KMF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

10.5927
9.7032
JanuMarcMayJulySeptNove

MUR to KMF 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 10.0378, compared to 10.1677 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1299 points.

H1 Avg (Jan–Jun) 10.0378
H2 Avg (Jul–Dec) 10.1677

Volatility Range Comparison

Volatility

The most volatile month in 2023 was September, with a trading range of 0.7713 KMF (High: 10.5493 / Low: 9.7780). On the other end, April was the most stable month, with a tight range of 0.1482 KMF (High: 10.0154 / Low: 9.8672).

September Spread (Volatile) ±0.7713
April Spread (Stable) ±0.1482

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 0.2949 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.2949

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 10.3590) against the same month in 2022 (average: 9.9564), the exchange rate shifted by +0.4026 (+4.04%).

2023 Avg (January) 10.3590
2022 Avg (January) 9.9564

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 10.7106 10.0390 10.3590
February 10.2093 9.9216 10.0642
March 10.0897 9.7322 9.9159
April 10.0154 9.8672 9.9443
May 10.0948 9.8231 9.9775
June 10.1196 9.7807 9.9658
July 9.9627 9.5695 9.7773
August 10.0214 9.7854 9.9240
September 10.5493 9.7780 10.2475
October 10.5902 10.4281 10.5186
November 10.5593 10.0918 10.3191
December 10.3802 9.9339 10.2197