2023 MUR to MMK Historical Review

YEARLY HIGH

48.1356 MMK

YEARLY LOW

44.3934 MMK

YEARLY AVERAGE

46.5524 MMK

2023 MUR to MMK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MUR to MMK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 13, valuing the pair at 48.1356. Conversely, the yearly low was recorded on March 10, dropping to 44.3934.

This high-to-low spread represents a total annual volatility of 3.7422 MMK. From a start-to-finish perspective, comparing the January average rate of 47.5947 to the December average rate of 47.6210, the exchange rate registered a net change of 0.06% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 48.1356 was down 0.07% compared to the 2022 peak of 48.1709, 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 240,678 MMK

2022 Average 217,996 MMK

Yearly Trough Low 221,967 MMK

Transaction Impact: A difference of 18,710.92 MMK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

47.8690

44.8935

JanuMarcMayJulySeptNove

MUR to MMK 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 46.2274, compared to 46.8774 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.6500 points.

H1 Avg (Jan–Jun) 46.2274

H2 Avg (Jul–Dec) 46.8774

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 2.4574 MMK (High: 47.5076 / Low: 45.0502). On the other end, October was the most stable month, with a tight range of 0.4015 MMK (High: 47.5381 / Low: 47.1366).

February Spread (Volatile) ±2.4574

October Spread (Stable) ±0.4015

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 1.6538 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -1.6538

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 47.5947) against the same month in 2022 (average: 40.7159), the exchange rate shifted by +6.8788 (+16.89%).

2023 Avg (January) 47.5947

2022 Avg (January) 40.7159

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	48.1356	46.5234	47.5947
February	47.5076	45.0502	45.9409
March	46.1708	44.3934	45.1415
April	46.8192	46.0539	46.4730
May	46.6509	45.8278	46.2088
June	46.3477	45.4201	46.0057
July	46.4236	45.3868	46.0288
August	46.6348	45.5319	46.1638
September	47.2715	45.0831	46.6759
October	47.5381	47.1366	47.3427
November	47.6234	46.7462	47.4324
December	48.0763	47.0279	47.6210