YEARLY HIGH
21.7161 MUR
YEARLY LOW
18.8164 MUR
YEARLY AVERAGE
20.2248 MUR

2022 FJD to MUR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the FJD to MUR exchange rate experienced significant fluctuation. The market reached its absolute peak on March 31, valuing the pair at 21.7161. Conversely, the yearly low was recorded on October 11, dropping to 18.8164.

This high-to-low spread represents a total annual volatility of 2.8997 MUR. From a start-to-finish perspective, comparing the January average rate of 20.4974 to the December average rate of 19.8636, the exchange rate registered a net change of -3.09% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 21.7161 was up 3.39% compared to the 2021 peak of 21.0036, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 108,581 MUR
2021 Average 100,522 MUR
Yearly Trough Low 94,082 MUR
Transaction Impact: A difference of 14,498.37 MUR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

21.2384
19.2083
JanuMarcMayJulySeptNove

FJD 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 20.4835, compared to 19.9661 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.5174 points.

H1 Avg (Jan–Jun) 20.4835
H2 Avg (Jul–Dec) 19.9661

Volatility Range Comparison

Volatility

The most volatile month in 2022 was April, with a trading range of 1.8324 MUR (High: 21.5900 / Low: 19.7576). On the other end, December was the most stable month, with a tight range of 0.5319 MUR (High: 20.1196 / Low: 19.5878).

April Spread (Volatile) ±1.8324
December Spread (Stable) ±0.5319

Growth Streaks & Declines

Trends

Between May and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.7537 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.7537

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2022: 21.0692) against the same month in 2021 (average: 19.6315), the exchange rate shifted by +1.4377 (+7.32%).

2022 Avg (March) 21.0692
2021 Avg (March) 19.6315

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 20.7587 19.9786 20.4974
February 20.7617 20.2193 20.4849
March 21.7161 20.4347 21.0692
April 21.5900 19.7576 20.6065
May 20.3742 19.3382 19.8528
June 20.6436 20.0746 20.3905
July 20.8098 20.0999 20.5051
August 21.4901 19.7489 20.5463
September 20.3256 19.3070 19.8972
October 20.0432 18.8164 19.3775
November 20.1225 19.1937 19.6071
December 20.1196 19.5878 19.8636