YEARLY HIGH
0.0226 MUR
YEARLY LOW
0.0209 MUR
YEARLY AVERAGE
0.0217 MUR

2022 BIF to MUR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the BIF to MUR exchange rate experienced significant fluctuation. The market reached its absolute peak on August 22, valuing the pair at 0.0226. Conversely, the yearly low was recorded on April 21, dropping to 0.0209.

This high-to-low spread represents a total annual volatility of 0.0017 MUR. From a start-to-finish perspective, comparing the January average rate of 0.0218 to the December average rate of 0.0212, the exchange rate registered a net change of -2.70% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.0226 was up 2.07% compared to the 2021 peak of 0.0221, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 113 MUR
2021 Average 105 MUR
Yearly Trough Low 104 MUR
Transaction Impact: A difference of 8.65 MUR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.0221
0.0211
JanuMarcMayJulySeptNove

BIF 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 0.0216, compared to 0.0217 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0216
H2 Avg (Jul–Dec) 0.0217

Volatility Range Comparison

Volatility

The most volatile month in 2022 was April, with a trading range of 0.0017 MUR (High: 0.0225 / Low: 0.0209). On the other end, December was the most stable month, with a tight range of 0.0004 MUR (High: 0.0214 / Low: 0.0211).

April Spread (Volatile) ±0.0017
December Spread (Stable) ±0.0004

Growth Streaks & Declines

Trends

Between May and July, 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 March and April, when the average rate fell by 0.0005 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0005

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2022: 0.0220) against the same month in 2021 (average: 0.0215), the exchange rate shifted by +0.0005 (+2.19%).

2022 Avg (August) 0.0220
2021 Avg (August) 0.0215

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0221 0.0214 0.0218
February 0.0221 0.0215 0.0218
March 0.0223 0.0215 0.0219
April 0.0225 0.0209 0.0214
May 0.0215 0.0209 0.0212
June 0.0222 0.0209 0.0216
July 0.0223 0.0217 0.0220
August 0.0226 0.0213 0.0220
September 0.0223 0.0214 0.0219
October 0.0223 0.0213 0.0217
November 0.0218 0.0211 0.0214
December 0.0214 0.0211 0.0212