2023 MUR to MWK Historical Review

YEARLY HIGH

38.4389 MWK

YEARLY LOW

21.5000 MWK

YEARLY AVERAGE

25.2384 MWK

2023 MUR to MWK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MUR to MWK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 16, valuing the pair at 38.4389. Conversely, the yearly low was recorded on March 10, dropping to 21.5000.

This high-to-low spread represents a total annual volatility of 16.9389 MWK. From a start-to-finish perspective, comparing the January average rate of 23.1888 to the December average rate of 38.1583, the exchange rate registered a net change of 64.55% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 38.4389 was up 63.37% compared to the 2022 peak of 23.5284, 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 192,194 MWK

2022 Average 105,410 MWK

Yearly Trough Low 107,500 MWK

Transaction Impact: A difference of 84,694.27 MWK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

39.7638

20.4979

JanuMarcMayJulySeptNove

MUR to MWK 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 22.5762, compared to 27.9006 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 5.3244 points.

H1 Avg (Jan–Jun) 22.5762

H2 Avg (Jul–Dec) 27.9006

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 12.9647 MWK (High: 38.1740 / Low: 25.2093). On the other end, April was the most stable month, with a tight range of 0.3829 MWK (High: 22.8801 / Low: 22.4973).

November Spread (Volatile) ±12.9647

April Spread (Stable) ±0.3829

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 0.7395 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -0.7395

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 38.1583) against the same month in 2022 (average: 23.3709), the exchange rate shifted by +14.7873 (+63.27%).

2023 Avg (December) 38.1583

2022 Avg (December) 23.3709

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	23.5037	22.6024	23.1888
February	23.2361	22.0194	22.4494
March	22.4973	21.5000	22.1034
April	22.8801	22.4973	22.6924
May	22.8246	22.3908	22.5708
June	23.1299	22.0356	22.4523
July	23.2957	22.7462	23.0712
August	24.1011	23.1274	23.6391
September	24.7593	22.8973	24.1123
October	26.2444	24.3236	25.8880
November	38.1740	25.2093	32.5348
December	38.4389	37.6956	38.1583