2023 MUR to UAH Historical Review

YEARLY HIGH

0.8714 UAH

YEARLY LOW

0.7793 UAH

YEARLY AVERAGE

0.8160 UAH

2023 MUR to UAH Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MUR to UAH exchange rate experienced significant fluctuation. The market reached its absolute peak on December 28, valuing the pair at 0.8714. Conversely, the yearly low was recorded on March 14, dropping to 0.7793.

This high-to-low spread represents a total annual volatility of 0.0921 UAH. From a start-to-finish perspective, comparing the January average rate of 0.8331 to the December average rate of 0.8426, the exchange rate registered a net change of 1.14% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.8714 was up 2.93% compared to the 2022 peak of 0.8466, 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 4,357 UAH

2022 Average 3,687 UAH

Yearly Trough Low 3,896 UAH

Transaction Impact: A difference of 460.74 UAH purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.8476

0.7882

JanuMarcMayJulySeptNove

MUR to UAH 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 0.8114, compared to 0.8206 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0092 points.

H1 Avg (Jan–Jun) 0.8114

H2 Avg (Jul–Dec) 0.8206

Volatility Range Comparison

Volatility

The most volatile month in 2023 was December, with a trading range of 0.0497 UAH (High: 0.8714 / Low: 0.8218). On the other end, May was the most stable month, with a tight range of 0.0135 UAH (High: 0.8195 / Low: 0.8060).

December Spread (Volatile) ±0.0497

May Spread (Stable) ±0.0135

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 0.0280 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0280

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 0.8426) against the same month in 2022 (average: 0.8404), the exchange rate shifted by +0.0023 (+0.27%).

2023 Avg (December) 0.8426

2022 Avg (December) 0.8404

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.8423	0.8140	0.8331
February	0.8355	0.7884	0.8051
March	0.8069	0.7793	0.7932
April	0.8233	0.8060	0.8156
May	0.8195	0.8060	0.8123
June	0.8153	0.7988	0.8092
July	0.8165	0.7982	0.8085
August	0.8201	0.8008	0.8116
September	0.8314	0.7929	0.8207
October	0.8323	0.8174	0.8235
November	0.8249	0.8062	0.8169
December	0.8714	0.8218	0.8426