2023 MUR to MYR Historical Review

YEARLY HIGH

0.1082 MYR

YEARLY LOW

0.0938 MYR

YEARLY AVERAGE

0.1011 MYR

2023 MUR to MYR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MUR to MYR exchange rate experienced significant fluctuation. The market reached its absolute peak on October 24, valuing the pair at 0.1082. Conversely, the yearly low was recorded on February 3, dropping to 0.0938.

This high-to-low spread represents a total annual volatility of 0.0144 MYR. From a start-to-finish perspective, comparing the January average rate of 0.0981 to the December average rate of 0.1055, the exchange rate registered a net change of 7.54% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1082 was up 0.34% compared to the 2022 peak of 0.1079, 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 541 MYR

2022 Average 497 MYR

Yearly Trough Low 469 MYR

Transaction Impact: A difference of 72.08 MYR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1082

0.0943

JanuMarcMayJulySeptNove

MUR to MYR 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 0.0981, compared to 0.1041 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0060 points.

H1 Avg (Jan–Jun) 0.0981

H2 Avg (Jul–Dec) 0.1041

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0068 MYR (High: 0.1008 / Low: 0.0940). On the other end, December was the most stable month, with a tight range of 0.0025 MYR (High: 0.1062 / Low: 0.1037).

January Spread (Volatile) ±0.0068

December Spread (Stable) ±0.0025

Growth Streaks & Declines

Trends

Between February and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0026 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0026

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 0.1071) against the same month in 2022 (average: 0.1050), the exchange rate shifted by +0.0021 (+1.97%).

2023 Avg (October) 0.1071

2022 Avg (October) 0.1050

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1008	0.0940	0.0981
February	0.0975	0.0938	0.0955
March	0.0975	0.0949	0.0962
April	0.0995	0.0969	0.0980
May	0.1017	0.0978	0.0995
June	0.1028	0.0999	0.1014
July	0.1032	0.0979	0.1008
August	0.1026	0.0998	0.1013
September	0.1058	0.0998	0.1041
October	0.1082	0.1056	0.1071
November	0.1078	0.1043	0.1061
December	0.1062	0.1037	0.1055