2023 XAF to MUR Historical Review

YEARLY HIGH

0.0779 MUR

YEARLY LOW

0.0701 MUR

YEARLY AVERAGE

0.0744 MUR

2023 XAF to MUR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the XAF to MUR exchange rate experienced significant fluctuation. The market reached its absolute peak on July 21, valuing the pair at 0.0779. Conversely, the yearly low was recorded on January 5, dropping to 0.0701.

This high-to-low spread represents a total annual volatility of 0.0078 MUR. From a start-to-finish perspective, comparing the January average rate of 0.0726 to the December average rate of 0.0735, the exchange rate registered a net change of 1.29% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0779 was up 1.71% compared to the 2022 peak of 0.0766, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 389 MUR

2022 Average 355 MUR

Yearly Trough Low 350 MUR

Transaction Impact: A difference of 38.90 MUR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0774

0.0709

JanuMarcMayJulySeptNove

XAF 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 0.0749, compared to 0.0739 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0010 points.

H1 Avg (Jan–Jun) 0.0749

H2 Avg (Jul–Dec) 0.0739

Volatility Range Comparison

Volatility

The most volatile month in 2023 was September, with a trading range of 0.0054 MUR (High: 0.0767 / Low: 0.0713). On the other end, October was the most stable month, with a tight range of 0.0013 MUR (High: 0.0722 / Low: 0.0709).

September Spread (Volatile) ±0.0054

October Spread (Stable) ±0.0013

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 August and September, when the average rate fell by 0.0024 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0024

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 0.0768) against the same month in 2022 (average: 0.0704), the exchange rate shifted by +0.0064 (+9.07%).

2023 Avg (July) 0.0768

2022 Avg (July) 0.0704

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0749	0.0701	0.0726
February	0.0758	0.0736	0.0746
March	0.0771	0.0745	0.0759
April	0.0763	0.0749	0.0756
May	0.0773	0.0743	0.0753
June	0.0767	0.0742	0.0755
July	0.0779	0.0753	0.0768
August	0.0766	0.0748	0.0757
September	0.0767	0.0713	0.0732
October	0.0722	0.0709	0.0714
November	0.0744	0.0714	0.0729
December	0.0756	0.0724	0.0735