2023 MUR to VND Historical Review

YEARLY HIGH

555.6928 VND

YEARLY LOW

500.0334 VND

YEARLY AVERAGE

528.6735 VND

2023 MUR to VND Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MUR to VND exchange rate experienced significant fluctuation. The market reached its absolute peak on November 1, valuing the pair at 555.6928. Conversely, the yearly low was recorded on March 16, dropping to 500.0334.

This high-to-low spread represents a total annual volatility of 55.6595 VND. From a start-to-finish perspective, comparing the January average rate of 531.9070 to the December average rate of 550.1069, the exchange rate registered a net change of 3.42% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 555.6928 was down 2.38% compared to the 2022 peak of 569.2670, 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 2,778,464 VND

2022 Average 2,646,166 VND

Yearly Trough Low 2,500,167 VND

Transaction Impact: A difference of 278,297.37 VND purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

556.7616

503.6908

JanuMarcMayJulySeptNove

MUR to VND 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 518.1588, compared to 539.1881 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 21.0294 points.

H1 Avg (Jan–Jun) 518.1588

H2 Avg (Jul–Dec) 539.1881

Volatility Range Comparison

Volatility

The most volatile month in 2023 was September, with a trading range of 31.7878 VND (High: 548.4073 / Low: 516.6195). On the other end, April was the most stable month, with a tight range of 7.2866 VND (High: 523.0212 / Low: 515.7346).

September Spread (Volatile) ±31.7878

April Spread (Stable) ±7.2866

Growth Streaks & Declines

Trends

Between June and October, 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 14.6682 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -14.6682

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2023: 550.2171) against the same month in 2022 (average: 564.0909), the exchange rate shifted by -13.8738 (-2.46%).

2023 Avg (November) 550.2171

2022 Avg (November) 564.0909

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	538.5075	519.4991	531.9070
February	530.5297	508.4420	517.2388
March	516.7217	500.0334	508.1134
April	523.0212	515.7346	519.9179
May	522.0382	513.3635	516.5799
June	518.5039	509.3898	515.1955
July	522.8101	511.6550	519.2040
August	532.0301	517.7835	524.7179
September	548.4073	516.6195	538.5438
October	555.2585	546.5421	552.3391
November	555.6928	540.4334	550.2171
December	553.9411	543.8004	550.1069