2023 MUR to KPW Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
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.
Comparing the value generated converting 5,000 MUR based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2023.
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)
SeasonalThe 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.
Volatility Range Comparison
VolatilityThe 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).
Growth Streaks & Declines
TrendsBetween 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.
Same-Month Historical Baseline
YoY BaselineComparing 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%).
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 |