2023 MWK to MUR Historical Review

YEARLY HIGH

0.0465 MUR

YEARLY LOW

0.0260 MUR

YEARLY AVERAGE

0.0408 MUR

2023 MWK to MUR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MWK to MUR exchange rate experienced significant fluctuation. The market reached its absolute peak on March 10, valuing the pair at 0.0465. Conversely, the yearly low was recorded on December 16, dropping to 0.0260.

This high-to-low spread represents a total annual volatility of 0.0205 MUR. From a start-to-finish perspective, comparing the January average rate of 0.0431 to the December average rate of 0.0262, the exchange rate registered a net change of -39.24% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0465 was down 16.63% compared to the 2022 peak of 0.0558, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 MWK based on timing:

Yearly Peak High 233 MUR

2022 Average 240 MUR

Yearly Trough Low 130 MUR

Transaction Impact: A difference of 102.48 MUR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0472

0.0243

JanuMarcMayJulySeptNove

MWK to MUR 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 0.0443, compared to 0.0373 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0070 points.

H1 Avg (Jan–Jun) 0.0443

H2 Avg (Jul–Dec) 0.0373

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.0135 MUR (High: 0.0397 / Low: 0.0262). On the other end, December was the most stable month, with a tight range of 0.0005 MUR (High: 0.0265 / Low: 0.0260).

November Spread (Volatile) ±0.0135

December Spread (Stable) ±0.0005

Growth Streaks & Declines

Trends

Between January and March, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0067 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0067

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 0.0452) against the same month in 2022 (average: 0.0547), the exchange rate shifted by -0.0094 (-17.21%).

2023 Avg (March) 0.0452

2022 Avg (March) 0.0547

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0442	0.0425	0.0431
February	0.0454	0.0430	0.0446
March	0.0465	0.0444	0.0452
April	0.0444	0.0437	0.0441
May	0.0447	0.0438	0.0443
June	0.0454	0.0432	0.0445
July	0.0440	0.0429	0.0433
August	0.0432	0.0415	0.0423
September	0.0437	0.0404	0.0415
October	0.0411	0.0381	0.0386
November	0.0397	0.0262	0.0320
December	0.0265	0.0260	0.0262