YEARLY HIGH
20.6645 KPW
YEARLY LOW
19.0880 KPW
YEARLY AVERAGE
19.9597 KPW

2023 MUR to KPW Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MUR to KPW exchange rate experienced significant fluctuation. The market reached its absolute peak on January 14, valuing the pair at 20.6645. Conversely, the yearly low was recorded on March 16, dropping to 19.0880.

This high-to-low spread represents a total annual volatility of 1.5765 KPW. From a start-to-finish perspective, comparing the January average rate of 20.3975 to the December average rate of 20.3878, the exchange rate registered a net change of -0.05% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 20.6645 was down 2.19% compared to the 2022 peak of 21.1266, 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 103,323 KPW
2022 Average 101,747 KPW
Yearly Trough Low 95,440 KPW
Transaction Impact: A difference of 7,882.46 KPW purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

20.4997
19.2724
JanuMarcMayJulySeptNove

MUR to KPW 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 19.8215, compared to 20.0980 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2764 points.

H1 Avg (Jan–Jun) 19.8215
H2 Avg (Jul–Dec) 20.0980

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 1.0697 KPW (High: 20.3620 / Low: 19.2923). On the other end, October was the most stable month, with a tight range of 0.1612 KPW (High: 20.3623 / Low: 20.2011).

February Spread (Volatile) ±1.0697
October Spread (Stable) ±0.1612

Growth Streaks & Declines

Trends

Between June and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.7110 points.

Longest Streak 6 Mo.
Sharpest MoM Drop -0.7110

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 20.3975) against the same month in 2022 (average: 20.6140), the exchange rate shifted by -0.2165 (-1.05%).

2023 Avg (January) 20.3975
2022 Avg (January) 20.6140

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 20.6645 19.9296 20.3975
February 20.3620 19.2923 19.6865
March 19.8020 19.0880 19.3747
April 20.0669 19.7802 19.9374
May 20.0228 19.6928 19.8130
June 19.8748 19.5185 19.7201
July 19.9010 19.4399 19.7502
August 19.9601 19.5397 19.7849
September 20.2378 19.3050 20.0082
October 20.3623 20.2011 20.3043
November 20.4085 20.0222 20.3524
December 20.4992 20.1568 20.3878