YEARLY HIGH
0.4539 MUR
YEARLY LOW
0.3760 MUR
YEARLY AVERAGE
0.4218 MUR

2022 CVE to MUR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the CVE to MUR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 13, valuing the pair at 0.4539. Conversely, the yearly low was recorded on October 31, dropping to 0.3760.

This high-to-low spread represents a total annual volatility of 0.0779 MUR. From a start-to-finish perspective, comparing the January average rate of 0.4469 to the December average rate of 0.4203, the exchange rate registered a net change of -5.95% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.4539 was down 1.66% compared to the 2021 peak of 0.4616, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,269 MUR
2021 Average 2,222 MUR
Yearly Trough Low 1,880 MUR
Transaction Impact: A difference of 389.40 MUR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.4534
0.3914
JanuMarcMayJulySeptNove

CVE 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 0.4334, compared to 0.4102 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0232 points.

H1 Avg (Jan–Jun) 0.4334
H2 Avg (Jul–Dec) 0.4102

Volatility Range Comparison

Volatility

The most volatile month in 2022 was April, with a trading range of 0.0413 MUR (High: 0.4498 / Low: 0.4085). On the other end, February was the most stable month, with a tight range of 0.0118 MUR (High: 0.4529 / Low: 0.4412).

April Spread (Volatile) ±0.0413
February Spread (Stable) ±0.0118

Growth Streaks & Declines

Trends

Between October and December, 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 April and May, when the average rate fell by 0.0150 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0150

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2022: 0.4469) against the same month in 2021 (average: 0.4344), the exchange rate shifted by +0.0125 (+2.88%).

2022 Avg (January) 0.4469
2021 Avg (January) 0.4344

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.4539 0.4344 0.4469
February 0.4529 0.4412 0.4482
March 0.4537 0.4254 0.4410
April 0.4498 0.4085 0.4275
May 0.4219 0.4045 0.4125
June 0.4358 0.4174 0.4242
July 0.4365 0.4087 0.4214
August 0.4245 0.3973 0.4134
September 0.4176 0.3930 0.4041
October 0.4101 0.3760 0.3966
November 0.4158 0.3952 0.4052
December 0.4255 0.4107 0.4203