2023 MUR to KZT Historical Review

YEARLY HIGH

10.8239 KZT

YEARLY LOW

9.3175 KZT

YEARLY AVERAGE

10.1250 KZT

2023 MUR to KZT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MUR to KZT exchange rate experienced significant fluctuation. The market reached its absolute peak on October 20, valuing the pair at 10.8239. Conversely, the yearly low was recorded on March 5, dropping to 9.3175.

This high-to-low spread represents a total annual volatility of 1.5065 KZT. From a start-to-finish perspective, comparing the January average rate of 10.4837 to the December average rate of 10.4015, the exchange rate registered a net change of -0.78% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 10.8239 was down 8.13% compared to the 2022 peak of 11.7819, 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 54,120 KZT

2022 Average 52,170 KZT

Yearly Trough Low 46,587 KZT

Transaction Impact: A difference of 7,532.31 KZT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

10.8517

9.6107

JanuMarcMayJulySeptNove

MUR to KZT 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 9.9548, compared to 10.2952 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.3404 points.

H1 Avg (Jan–Jun) 9.9548

H2 Avg (Jul–Dec) 10.2952

Volatility Range Comparison

Volatility

The most volatile month in 2023 was September, with a trading range of 0.9451 KZT (High: 10.7878 / Low: 9.8427). On the other end, October was the most stable month, with a tight range of 0.2553 KZT (High: 10.8239 / Low: 10.5686).

September Spread (Volatile) ±0.9451

October Spread (Stable) ±0.2553

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 0.6068 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.6068

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 10.7482) against the same month in 2022 (average: 10.5686), the exchange rate shifted by +0.1796 (+1.70%).

2023 Avg (October) 10.7482

2022 Avg (October) 10.5686

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	10.6594	10.1986	10.4837
February	10.4190	9.5883	9.8769
March	10.0071	9.3175	9.7141
April	10.1712	9.7665	10.0040
May	10.0300	9.7165	9.8207
June	9.9759	9.6590	9.8296
July	9.9247	9.6134	9.7674
August	10.1970	9.7386	9.9614
September	10.7878	9.8427	10.4188
October	10.8239	10.5686	10.7482
November	10.6171	10.2785	10.4738
December	10.4802	10.2157	10.4015