YEARLY HIGH
2.8414 MUR
YEARLY LOW
1.7637 MUR
YEARLY AVERAGE
2.3494 MUR

2022 EGP to MUR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the EGP to MUR exchange rate experienced significant fluctuation. The market reached its absolute peak on March 13, valuing the pair at 2.8414. Conversely, the yearly low was recorded on December 22, dropping to 1.7637.

This high-to-low spread represents a total annual volatility of 1.0776 MUR. From a start-to-finish perspective, comparing the January average rate of 2.7776 to the December average rate of 1.7788, the exchange rate registered a net change of -35.96% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 2.8414 was up 1.29% compared to the 2021 peak of 2.8053, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 14,207 MUR
2021 Average 13,252 MUR
Yearly Trough Low 8,819 MUR
Transaction Impact: A difference of 5,388.14 MUR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

2.8824
1.6785
JanuMarcMayJulySeptNove

EGP 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 2.5519, compared to 2.1469 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.4050 points.

H1 Avg (Jan–Jun) 2.5519
H2 Avg (Jul–Dec) 2.1469

Volatility Range Comparison

Volatility

The most volatile month in 2022 was October, with a trading range of 0.5238 MUR (High: 2.3414 / Low: 1.8176). On the other end, December was the most stable month, with a tight range of 0.0301 MUR (High: 1.7938 / Low: 1.7637).

October Spread (Volatile) ±0.5238
December Spread (Stable) ±0.0301

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 October and November, when the average rate fell by 0.4240 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.4240

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2022: 2.6753) against the same month in 2021 (average: 2.5570), the exchange rate shifted by +0.1183 (+4.63%).

2022 Avg (March) 2.6753
2021 Avg (March) 2.5570

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.7987 2.7397 2.7776
February 2.8008 2.7418 2.7821
March 2.8414 2.3949 2.6753
April 2.4698 2.3021 2.3660
May 2.3694 2.3103 2.3405
June 2.4330 2.3134 2.3698
July 2.4318 2.3573 2.3984
August 2.4206 2.2938 2.3585
September 2.3669 2.2583 2.3172
October 2.3414 1.8176 2.2263
November 1.8619 1.7714 1.8023
December 1.7938 1.7637 1.7788