2023 MUR to XPF Historical Review

YEARLY HIGH

2.5957 XPF

YEARLY LOW

2.3363 XPF

YEARLY AVERAGE

2.4458 XPF

2023 MUR to XPF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MUR to XPF exchange rate experienced significant fluctuation. The market reached its absolute peak on January 5, valuing the pair at 2.5957. Conversely, the yearly low was recorded on July 21, dropping to 2.3363.

This high-to-low spread represents a total annual volatility of 0.2594 XPF. From a start-to-finish perspective, comparing the January average rate of 2.5074 to the December average rate of 2.4749, 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 2.5957 was down 7.57% compared to the 2022 peak of 2.8084, 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 12,978 XPF

2022 Average 12,825 XPF

Yearly Trough Low 11,682 XPF

Transaction Impact: A difference of 1,296.89 XPF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

2.5660

2.3503

JanuMarcMayJulySeptNove

MUR to XPF 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 2.4293, compared to 2.4624 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0331 points.

H1 Avg (Jan–Jun) 2.4293

H2 Avg (Jul–Dec) 2.4624

Volatility Range Comparison

Volatility

The most volatile month in 2023 was September, with a trading range of 0.1812 XPF (High: 2.5531 / Low: 2.3720). On the other end, April was the most stable month, with a tight range of 0.0416 XPF (High: 2.4274 / Low: 2.3858).

September Spread (Volatile) ±0.1812

April Spread (Stable) ±0.0416

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 0.0685 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0685

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 2.5074) against the same month in 2022 (average: 2.4144), the exchange rate shifted by +0.0930 (+3.85%).

2023 Avg (January) 2.5074

2022 Avg (January) 2.4144

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.5957	2.4304	2.5074
February	2.4702	2.4015	2.4389
March	2.4412	2.3599	2.3975
April	2.4274	2.3858	2.4057
May	2.4472	2.3524	2.4148
June	2.4518	2.3705	2.4113
July	2.4145	2.3363	2.3683
August	2.4311	2.3735	2.4045
September	2.5531	2.3720	2.4846
October	2.5665	2.5207	2.5480
November	2.5472	2.4461	2.4941
December	2.5136	2.4059	2.4749