2023 MUR to XAF Historical Review

YEARLY HIGH

14.2683 XAF

YEARLY LOW

12.8425 XAF

YEARLY AVERAGE

13.4445 XAF

2023 MUR to XAF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MUR to XAF exchange rate experienced significant fluctuation. The market reached its absolute peak on January 5, valuing the pair at 14.2683. Conversely, the yearly low was recorded on July 21, dropping to 12.8425.

This high-to-low spread represents a total annual volatility of 1.4258 XAF. From a start-to-finish perspective, comparing the January average rate of 13.7827 to the December average rate of 13.6044, the exchange rate registered a net change of -1.29% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 14.2683 was down 7.57% compared to the 2022 peak of 15.4376, 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 71,341 XAF

2022 Average 70,497 XAF

Yearly Trough Low 64,212 XAF

Transaction Impact: A difference of 7,128.92 XAF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

14.1052

12.9193

JanuMarcMayJulySeptNove

MUR to XAF 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 13.3534, compared to 13.5356 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1821 points.

H1 Avg (Jan–Jun) 13.3534

H2 Avg (Jul–Dec) 13.5356

Volatility Range Comparison

Volatility

The most volatile month in 2023 was September, with a trading range of 0.9959 XAF (High: 14.0344 / Low: 13.0385). On the other end, April was the most stable month, with a tight range of 0.2288 XAF (High: 13.3432 / Low: 13.1144).

September Spread (Volatile) ±0.9959

April Spread (Stable) ±0.2288

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 0.3763 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.3763

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 13.7827) against the same month in 2022 (average: 13.2716), the exchange rate shifted by +0.5111 (+3.85%).

2023 Avg (January) 13.7827

2022 Avg (January) 13.2716

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	14.2683	13.3599	13.7827
February	13.5788	13.2011	13.4064
March	13.4189	12.9724	13.1791
April	13.3432	13.1144	13.2238
May	13.4519	12.9308	13.2738
June	13.4775	13.0304	13.2548
July	13.2722	12.8425	13.0181
August	13.3635	13.0471	13.2173
September	14.0344	13.0385	13.6574
October	14.1081	13.8561	14.0064
November	14.0019	13.4458	13.7098
December	13.8168	13.2251	13.6044